If you take a look at my chart over at the NCN Network you will see that my chart for Debt Reduction has gone up.
I now show a negative payment on the debt reduction and I wanted to clarify this. I added in the cost of when I got LASIK to the debt chart.
This means that I now owe more than what I had owed previously.
The LASIK debt is at 0% so it is not too much of a burden right now. I have the amount taken from my ING account so it is always paid on time. As long as I make the payments on time then the LASIK bill will remain at 0% interest.
I figure as long as you’re aware of what’s going on in your financial life, you’ll end up making progress in the long run.
That is a good way to look at it. It also provides a great visual for me whenever I am tempted to spend money on things I do not need.
I can say I am $X amount in debt…do I REALLY want to get some foolish items for no reason at all?