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Old 09-08-2006, 07:56 PM
amberbamber amberbamber is offline
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Join Date: Aug 2006
Location: Charlotte, NC
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Default Re: Need advice on personal finance

Well, here's an update. I received my cash out payment from my whole life insurance today. It was 2097.and change. I am applying that to my CC tomorrow so I will have a balance of 1641.43. My Dh is working an extra job on Sunday, hopefully he'll make around $150 and we can add that to the CC also. We have set some goals for ourselves. 1 goal is to have this CC paid off by November of this year.

Hopefully soon, I will receive the cash out from my Dh's and our two kids whole life policies.

Also, we've already got our term life insurance set up. I got $100,000.00 and my Dh now has $500,000.00 Overall our savings are around $175.00 a month just in the life insurance. Plus we stopped contributing to the kids 529 plans also, so that will give us another $100.00 each month. I am excited at the prospect of seeing this CC disappear!!!!
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