debt debs

Personal Debt Wrangler – Had my money head in the sand – but no more!


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What’s your daily money routine?

By Created by Uwe Kils (iceberg) and User:Wiska Bodo (sky). [GFDL (http://www.gnu.org/copyleft/fdl.html) or CC-BY-SA-3.0 (http://creativecommons.org/licenses/by-sa/3.0/)], via Wikimedia Commons

By Created by Uwe Kils (iceberg) and User:Wiska Bodo (sky). (http://creativecommons.org/licenses/by-sa/3.0/)%5D, via Wikimedia Commons

Before our D-Day (debt acknowledgement day), I never logged into our bank account on line.  The only glimpse I saw of our money situation was the balance on the debit slip taken from the ATM.  Even that was falsely reported as it showed the amount of cash we had + overdraft available, making it seem we were ‘richer than we think‘.  No visibility on that little slip for: credit cards, line of credit, mortgages or car loans.   Talk about only showing the tip of the iceberg!

In fact, when I realized that I had to get involved and take responsibility for our financial situation, I would get a panic attack at the thought of even logging into our bank account and credit card accounts.  I shared this fear with my daughter and she suggested that I try to just log into the bank account every day at first.  Once I could do this without anxiety, I added credit cards to the repertoire.  Baby steps… it worked! Continue reading

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