Interesting...

I just got one of my credit card statements and I noticed on it there is now a section that has a breakdown of how long it would take you to pay off your balance if you only made your minumum payment. If I only paid my $15 a month min due, it would take me 4 yrs to pay off my $526 balance. 4 YEARS! It also showed that I would pay $33 in interest over those 4 yrs. Holy cow, no wonder the credit card companies are making BILLIONS every year. Could you imagine taking 4 yrs to payoff $526? Hmmm, I don't even want to know how much I will have paid on my mortgage when that gets paid off in 29 yrs. 29 yrs... ugh...

So long January...

Wow, a whole month gone in the blink of an eye.