There’s also a very different feeling when you know you’re near the end of your credit to when you reach the end of your credit.
It’s a constricting feeling. When you cook at home instead of ordering in you feel less proud about your penny-pinching and more bitter that you don’t have a choice.
We budgeted our renovation based on what we thought was a fixed quote from our first contractor. That didn’t turn out so well.
On the positive side, there’s nothing like running out of money to make you look under the furniture for lost change. Our financial squeeze reminded us that our credit card rewards program lets you use points toward paying down debt. We took a look and it turned out we could use our points to pay $1090 towards our credit card!
Woo-hoo! (As you know, carrying a balance on your credit card at 19.5% interest is no fun at all.)
We’ve still got a balance and we’ve had to make arrangements to pay for plumbing and electrical work by installments, but it’s little boosts like Credit Card Rewards that can help you see the light at the end of the tunnel.