Interest, interest, interest

Tonight, I remembered that one of my credit card accounts closes out the monthly statements on the 11th/12th. So I logged in to see the damage and what the minimum payment will be for this month. I was sickened to see that I was charged over $100 in interest for the month – and this is just ONE card! Oh my.

It’s things like this that make getting out of debt seem impossible. Even without charging anything else to this card, I will accrue $100 more each month in finance charges. And that makes me mad – mad at the companies that can get away with charging that much interest; mad at myself for ignoring this reality for so long; and mad at my situation that does not allow me to make much progress on this debt.

It’s very discouraging to see numbers like this. And it makes it very hard to see the light at the end of the tunnel. I’m just feeling really down about it at the moment.

What do you do to keep things like this from bringing you down?

The Intelligent Zebra