Well today I completely cleared the balance of CC1, so I won't have to worry about that for awhile. I paid some off CC2 (anz) and have $121.20 to go. Once that is cleared I will be making sure that everything I charge to that card is paid pretty much straight away (I use it for the rewards scheme, but it has a 20% interest rate). CC1 (Virgin) has a lower rate of 14% and is my favourite card (I know it's terrible to have a favourite credit card - but I do!). It is mainly the excellent customer service I get from the company and the flexibility they have, and basically how everything always goes so smoothly - there are never any hickups. Does anyone else have a 'favourite' CC?
Well today I spent $4 on a coffee with a friend, $3.25 on a recipe magazine, and $4 on Vitamin E Cream (it is what I use as moisturiser - best I've ever used). I also went to the library and picked up four books, so they should keep me busy for awhile.
Unfortunately for my savings (or debt) I don't regard any of those purchases as stupid enough for the Stupid Vault (see previous entry if you have no idea what I'm talking about). My reasoning is that a magazine I would normally buy (but have not been lately) is around $8, and my buying a recipe magazine is a closer step toward saving as it advocates cooking for yourself, and is more than half the price of a regular fashion magazine. The coffee, while sort of avoidable, is a small price to pay for catching up with a friend (ok, we might work together... but still).
I am adding the savings of buying the recipe magazine instead of the fashion magazine to my $20 challenge ($4.70 saving), as well as 50c for drinking 1.5L of water today. That brings my total up to $28.20 
my favourite CC, $20 challenge, daily expenses
June 12th, 2008 at 08:29 am
June 12th, 2008 at 02:35 pm 1213281320
June 12th, 2008 at 04:17 pm 1213287456
June 12th, 2008 at 04:55 pm 1213289741
mine has a fairly high interest rate, I pay it off in full every month so I never pay any interest.
And I've had good customer service from them.