Yesterday, I opened my credit card statement only to be completely blown away by their thoughtful projections in regards to my credit. I have a minor balance of $600.00 on a credit card. Since my goal is to be debt free by the end of the year, every month, I make payments that are more than double the minimum payment due. Thank goodness for that because what my credit card company told me, was earth shattering. They said that if I were to only make the minimum balance each month (on $600!!) it would take me 1,027 years to pay it off. Yes, go back and read that again because that is exactly what I did. Here it is again, 1,027 years . What is that?? Is that even legal? How can they ask me for a minimum balance, knowing full well that it will take me over a millennium to pay it off? No wonder why our banks are in such trouble. I guess they don't really need any of their money right away. Let's see, how would I feel if my great grandmother to the 25th degree charged her plow? I g...
Mindful watchings of the ordinary life