Tuesday, 26 February 2008

The Mail Is In And The News Is Good!

I received my dividend cheques for my company shares in the mail today. I was expecting $678.14, so imagine my delight when I added them up:

  • $137.10
  • $89.19
  • $109.93
  • $194.68
  • $60.99
  • $54.81
  • $64.53
  • $56.80
  • $157.35
  • $39.02

and they came to $964.40. Nothing like a $286.26 snowflake to make a girl’s day! As soon as I get a chance this week, it’s off to the bank to bank them so I can put it all towards paying off debt.

I don’t think there’s anything more important when trying to eliminate debts (for me anyway) than taking full advantage of any windfalls that come your way to get yourself into a better position.

I also received a letter from one of my banks offering to switch me over to a gold card with a pre-approved limit that’s $3000 more than I have now. It was such a great feeling to not be tempted for even a moment.

Things are looking better than they have for a while now financially.

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  1. Good for you!

    It's always a temptation to spend any unexpected windfalls. Putting them toward debt can be extremely satisfying.

    Pre-approved limits higher that what you already have. Banks have no shame - with interest rates going up in this country they are trying to get people into more debt. Unfortunately, some people would be tempted to do this. Treat the letter as the rubbish it is and shred it. It feels good believe me!

    I have been reading your blog for a couple of weeks now. Keep up the good work!

  2. it's nice when you get those extra amounts, they soon add up and make a difference.

  3. I get those letters offering more credit all the time - I feel the same as you, wonderful to tear them up. Once upon a time I would have been busting to get the increase. Not these days! And more YAYS for the dividend cheques :)

  4. Anonymous27/2/08 17:24

    Great news on the extra money!

    I'm the same any new credit card/loan offers go straight in the bin.

  5. Anonymous28/2/08 13:28

    Good news and bits of progress is such wonderful motivation to keep going - I love your focus - Bravo!!!

  6. Thanks guys! I'm really feeling motivated at the moment, and I'm determined to keep things moving downward however I can.