The Friday Gathering – I received my economic stimulus money!

By glblguy

Sunset view from Port Melbourne
Excellent capture by: Looking Glass

Due to what seems to have been a bug in the new version of WordPress, this post did not publish as it was supposed to this morning at 8:00EST. My apologies for it being late.

Today has actually been a great day so far, and it’s only 8:00am here on the east coast: 1) I received my economic stimulus rebate money via direct deposit, just as the IRS said I would 2) I immediately logged into my online billpay, and finished paying off my Chase credit card!! Another card down, 2 to go.

It’s a bit hard to believe that 2 years ago we had 7 different credit cards and now I only have 2 remaining. Within two years, we should be completely debt free except for our mortgage! For those of you who may feel that getting out of debt is hopeless, this should provide some encouragement that it isn’t. The best part is that for each card I pay off, I get even more drive to pay off those that remain. Paying off your cards is more than a debt snowball, it’s an emotional snowball too!

Things worth mentioning

The Gathering

I’ve decided to make my weekly gathering a little more focused. I love reading articles from blogs on my blog roll and sharing them with you, but I’ve felt over time my gathering was beginning to look more like a blog carnival. So starting with this one, the gathering will be a little shorter but will include my favorites of my favorites from the week.

  • Personal Currencies: New Ways to Look at MoneyExcellent article that makes you think about spending money in a different way. From now on, I’m going to look at everything as a percentage of my debt.
  • make choices without being constrained by financesPlonkee reminds us that our choices aren’t always driven by just our finances and in some cases shouldn’t be at all.
  • Speed Up or Shift Up: Thinking About Your Income PathJim provides an interesting way of looking at our income and the path we are on. He also shares some excellent perspectives on how to move from one path to the next. Personally, I’d far rather work to increase my income and reduce expenses.
  • Taking a Deeper Look at Wants Versus NeedsTrent dives in and takes a look at wants vs needs and suggests making a list to help you seperate the two.
  • One Must Be Organized To Be FrugalI’m a huge fan of being organized. To be honest, I’m probably a little OCD about it, as I get stressed when I’m not organized. Lynnae is dead on though, to be frugal it really does require organization.
  • Frugal ways to keep your home safeThis was a great post, and very applicable to us. We are often the subjects of vandalism due to the location of house. Security is important.
  • Ten Quick Easy Ways To Reduce Your Debt.One easy way to get inlcuded in my gathering or get linked from me is to write up a post about debt reduction. I’m always looking for ways to get out of debt and for great ideas to share with my readers. Great tips David!
  • Everyman’s Guide to Decreasing ExpensesAnother thing I like is expense reduction. Some of these tips are pretty hard core, but they did make me think. Living out of our car though…with 6 kids….not a chance.
  • The Real Cost of Withdrawing Retirement Funds EarlyAs its looking like we might be heading towards a recession and as the stock market continues to take a hit, many people are looking to pull their funds from their 401k. This isn’t a good idea, and it can cost you a great deal of money as Patrick shares.

5 Responses (including trackbacks) to “The Friday Gathering – I received my economic stimulus money!”

  1. Frugal Dad Says:

    I’ve heard some bad things about the scheduled post feature in 2.5. I think J.D. at GRS had a post go out about a month in advance of the scheduled date.

    Great roundup this week – and congrats on killing off Chase! Another one bites the dust…

  2. Nate Says:

    congrats on paying of the card! i saw my rebate in the account last night. i wrote the check to pay off our van and mailed it this morning! you can read about it soon on

  3. Patrick Says:

    Congrats on getting that credit card paid off. It’s a great feeling when you finally pay off a debt! I know the others are right behind this one. :)

    Thanks for the mention!

  4. David Says:

    Thanks for including me in your Friday Gathering!

  5. andy Says:

    thanks for including my post in your gathering and congrats on clearing the chase debt.