Thank you Lovcom.
I got to work today and set up 2 budgets..one for home and one for business.
My business expenses are roughly $2500.00 (that is including $800.00 savings.
I want to start paying myself $5,000 per month for my salary..and that is being discipline in paying each week so that I have a flow of money in my checking account for my personal expenses. So if I make about $10,000 per month, have $2500 in business expenses, and $5,000 in salary to myself, I have $2500.00 left over to pay credit cards.
Here are my credit cards.
Balances Interest Payments
Chase $ 14,215 6% $433
Discover 4545 20% 111
Bof A 8111 4.75 200
US Bank 2956 25% 94
CHASE car payment 9474 8% 361
Ciitibusiness 10586 0% 125
Wells Fargo 4985 17.25% 79
Wamu 960 18% 50
The Discovery & US bank accounts are fairly..its what I used to cover the expenses to fix the rental. I was on track in paying off Wells Fargo and went from $10,000 the begining of the year to now.
The WAMU is my overdraft account which I pay monthly on my personal account.
So I guess I would have to concentrate on paying off Discovery and US Bank and getting rid of those cards. But now I have property taxes coming up so wont be able to pay much on anything.
Please tell me what you suggest I do. I cant move in with the boyfriend at all for religious reasons...and I tried renting to roomate before and it was a disaster.. If my boyfriend accepts me the way things are right now..we may get married next year....but would he want all these responsibilities if he has already paid off his mortgage and had planned his life a certain way? We get along well otherwise except when the conversation is about finances..then I get scared.
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