Current Credit Card Debt

Photo Credit: stockmonkeys.com

Well, what can I say?  It started off innocently enough. I was in my twenties, thinking that I could get into some credit card debt with the end game that I would get back in my "investment" with a source of income.  I spent money on all types of business ventures, and nothing really took.  The final one I did really didn't require any overhead and I wasn't fooled (finally) into purchasing some kind of program into learning how to do so properly.  But over time, I had built up quite a debt because of it.

Then, I was in it deep.  My living situation had changed and suddenly, I found myself relying on my credit cards to survive. I kept thinking I would get back on my feet soon, it was okay, it would all work out. But nope, I kept having to spend and spend on my cards to be able to make rent every month and still buy food and gas.  I don't really buy alot, so there wasn't too much to cut out.  I just had to make different choices and hope for the best. Finally, things evened out.  I found myself deep in debt, and just being able to scrape by.

So I put an all out moratorium on using my credit cards.  Only if I desperately needed it, would I use it.  The last time I had to use it was to pay the tax man for doing my taxes. I ended up defaulting on my card. By the time I moved (and now saving money on rent), I had to take all the money I had saved for that first rent-less time and spend it on paying back the collections agent. Yes, it went to collections.  Luckily, once my living situation changed, I had that money to pay it off quickly.  Still, not a fun place to be.  I was drowning. Now I'm chocking on water, still in the water, but not drowning.  There is hope...

When I started The Millions Game (12/19/15), my debt was at 31,540.