Tuesday, January 31, 2012

The Prettiest Thing


That you will never be able to read. LOL! I'll translate that big blur on the screen for you. It's a picture of out  BP credit card statement for the year. We paid $0.00 in interest fees for 2011. Doesn't that make that blurry mess of a picture that much better? I'm not bragging but it makes life so much easier without credit card debt hanging over your head. We paid no interest on any credit cards last year because we pay everything off every week. Yup, I pay every credit card that we have a balance on every Friday. That way the balance can never get away from us. I save the receipts as we charge and they go in the bill basket and get paid like every other bill we have. They are just as important as the other bills.
And the best part is we made $437.50 off of our BP credit card and out Bank of America card.(I'm not even going to figure the value of all the free panties I get from Victoria Secrets!) There is something to be said for getting your financial house in order.
I think I earned a cookie,
SonyaAnn

20 comments:

D.Lynn said...

Dang - You earned more than a cookie! That's awesome! It's not easy to be as fiscally responsible as you are, especially with the schedule that you run... Nice job!

Sheila said...

Awesome job my frugal friend! I learn so much from you, thank you ;)

slugmama said...

I'm with you. I use the cc to get points toward free gift cards....and it's easy to keep an eye on Hubs spending as opposed to when he takes cash and I never see a receipt for that.
I don't make a payment every week tho. I wait until the statement closes for the month and pay it off...but I do look at how much is on there once a week so I know what it's at and where it's going....and if there is too much I can go yell at Hubs to stop spending for the month!lol

Now if EVERYONE had your kind of discipline around credit...no wait! we don't want that because then the credit card companies wouldn't make enough money and they'd do away with no interest if you pay off your balance every cycle and our little sweet cheap cheat would go away.
Hmmm...let the world rack up interest charges I say!!! ;-)

Mark said...

You're not just a pretty face, are you!
m.

McVal said...

How do you score free panties???!
Starting this month, we're doing a serious debt reduction plan that I have all laid out in a spreadsheet... If we stick to it, we can be debt free except for the house within 3 years.
You frugal gals seem to rub off on me.

SonyaAnn said...

D.Lynn-Thank you so much! And I'm sick to boot. Stupid cold and I have to babysit today. Yay fun.

SonyaAnn said...

Sheila-Awwww now that was a sweet comment!

SonyaAnn said...

sluggy-I had to snicker! I have had the same thought as you about everyone paying off their credit card on time and I wouldn't get any rewards. We are crazy and frugal. I don't think many people would think it out like that.
I also, balance my checkbook everyday. I really do have issues. I have often thought about what I would do if I ever did have more than a few pennies coming in at a time. Would I be able to handle a lot of money at once? I know how to stretch money but what to do with a huge chunk? But I'm sure that will never happen.

SonyaAnn said...

Mark-You made me cry in a good way. I love you.

SonyaAnn said...

McVal-Victoria Secrets sends you free panties when you have their credit card.
I know this is scary but if you really want to hold to a new budget-post it. The comments might sting a bit but in the end, it will get you on track and keep you there. And a big, I'M PROUD OF YOU!!!

Annie said...

We have a couple of gas cards we don't use anymore, a Sam's Club membership and credit card that we don't use for credit, and a VISA card that we use once in a while. We usually only use it to have a solid paper trail on certain purchases. When there is a balance on it, I pay it within a couple of days.

Did you know that the credit card companies have a name for people like us? They call us deadbeats. Imagine that, being called a deadbeat for being responsible.

Jane said...

I think you earned two! I pay everything I can with my PC Mastercard and rack up the points for free groceries bigtime! I check my c/c online everyday and each time a new debit shows up I pay it immediately. Have never paid a cent of interest either but have cashed in on lots of free groceries! (I feel like I'm scamming them in some weird and wonderful way!)

SonyaAnn said...

Annie-Yes, I knew that they called us deadbeats! And that is the only time that they can call me a bad name and I'm not upset about it, they can even pull my hair as they say it!

SonyaAnn said...

Jane-I feel like I work for the government when I "scam" the credit card companies. It is such a great feeling!
And you have me beat if you pay it as soon as it posts! I wonder if they will eventually ban letting us pay it except when they send a bill. We would be more likely to get a late charge and then they could start to make money off of us. They could say that they are spending too much money on us by having to post the payments too often or something to that effect.

Mamma has spoken said...

My mom always said that when you pay by credit card, if you don't pay it off, then that item you just had to have will cost twice as much. Of course at that the time she said it, I was young and didn't get it. Credit cards are wonderful! Now as a mature adult I get it. I have all but one paid off and it feels wonderful. However I am the queen of the same as cash credit cards where you get a period of time to pay it off interest free. I make sure that they are paid off the month BEFORE they come due. That way I don't get caught late that last month.
Good work working their game. You deserve the whole pack of cookies/1

Frances said...

Good for you, SonyaAnn! We use a couple of credit cards and have never paid interest on either of them. I keep waiting for them to be canceled. LOL! I just use them to get points, too.

ChiTown Girl said...

I could swear I left a comment here yesterday. WTF?! Guess I'm losin' it!

I'm right there with ya on this. I have ZERO debt right now, with the exception of my mortgage. I pay my credit card off in full every month. I only use it to get the points, which in turn I've used to get tons of great stuff from a margarita machine to an iPod Touch. Love it!

After years of living check to check and struggling as a single mom, I've become quite the frugalista. I now save for the things I want, and I don't buy them until I can pay cash. I just bought my son a car in November for cash. The last car I bought myself (about 3 years ago) was also bought with cash. Do you know how awesome that is?!

I laughed out loud at your comment about us being the same person. When I saw your comment on Mark's blog, and your avatar, I laughed out loud then, too, because my Yahoo avatar is exactly the same! hahaha!

SonyaAnn said...

Mamma has spoken-Unfortunately I have eaten way more than just one pack of cookies. My bankbook may be in order but not my ass.

SonyaAnn said...

Frances-We just keep flying under the radar. Eventually they will stop giving out points but lets hope not anytime soon.

SonyaAnn said...

ChiTown Girl-We really are the same person because I have been having trouble leaving comments too.
I did the single mother thing for a while. It sucks sometimes and others it was nice not to have someone in the decision making process. I was always right and I always gave myself my way.
And you like to drink!!! We may be twins!