My Debt Consolidation and Automation

I’m still a little iffy on the decision to take my family’s help and consolidate my debt. It just worries me from the standpoint that, if I screw up in my career, I have a chance of screwing over my parents. What if I don’t make enough? What if I get hurt at work or laid off? It does add a different level of stress, but the stress that is relieved is huge. Luckily, I am in a profession where, if I were unfortunate enough to get laid off, I’d have a pretty good shot at landing another job. Sure, it might not pay as much, but I’d rather be employed than not, so a few dollars here and there isn’t the end of the world. I am glad that we’ve learned to tighten the belt around here. Earlier in the year, we tired and succeeded in some parts and failed miserably in other attempts to shed “payroll” in our household. We are getting to the point where we’ve cut back and are starting to reap the benefits.

Once my parents offered to help out, I paid off one credit card in full and felt a great deal of joy. I immediately paid a second credit card in full and felt even better. Working things out in Quicken meant creating a new debt category with the loan, but at least I was able to get a few cards off the books and replace it with one accounts payable. I really prefer making one or two payments instead of nineteen, so I’ll be pretty happy once I have it down to a chosen few with most of those being automated. I love automatic payments. It makes life much simpler. Whether it is a credit card, a utility bill, a student loan or a cell phone, things are just easy when you can set ‘em and forget ‘em. I want my finances to be like a crock pot, put the ingredients in, turn on the pot and walk away for a few hours.

Automated living is the way to go.

- broke

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