The antidote for Stuffitis is to Sell, Sell, Sell

The antidote for Stuffitis is to Sell, Sell, Sell

We all like "stuff" but too much "stuff" can be an illness known as stuffitis. On our quest to get out of debt, we have decided to sell a few things. I am not a big fan of hosting garage sales at my home. However, Craigslist or Ebay may be the ticket to earn some Dollar$ back towards Debt repayment goals. Nine people responded to an Ad that my husband placed to sell his bike. We have decided to liquidate the "toys" that are dusty and no longer being used. I think a little photography trip around the house may be in order.

We are just mad as hell at the credit card companies due to their interest rate hikes and unfair business practices. I have received MANY letters recently about interest rate increases due to new Credit Card regulations. We have already paid off 5 credit cards and reduced another by half since September. Home depot and Chase have reduced our Credit Limits by 50% after we paid them down by that much. They said it is due to our "high credit balance to limit ratio". This practice is not helping the overall situation as we repay and also drops our FICO scores. We have been long standing customers and have always paid all the bills on time. Chase even raised our interest rate to 29.99%. Seems pretty unfair huh?? We have decided that getting mad is Good for our debt repayment goals. Our intention is to pay cash and only cash from now on!! By the time we pay off all the credit card debt our Credit Scores should be near the top. We will not need to worry about Mr. FICO because we will be on a Cash Basis only. Thank You Dave Ramsey for the wonderful Insight on the Baby Step Plan.

Two more people have responded to that bike ad while typing this blog post. Hmmm.. it may may be underpriced. Our loss is Ummm their Gain and Our gain. A very recent fatal bike accident on the wide shouldered road near our home has helped make the decision on the sale of this item.

So my advice to anyone else on a debt repayment journey is to look around the house and garage and sell, sell, sell!! LOL...I think the kids may be afraid that they will be next.