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Tuesday, December 31, 2013

Goodbye 2013, Hello 2014!

Life has its own little ways to tell me over and over again just how amazing I am... lol.... euhhh YEAH! :)

My credit card is ranking over the 2k at this time. I bought a "32 TV, a new lamp because my old one broke, a TV Antenna so I won't bother to get on cable, Christmas gifts, Christmas gifts for me, Montreal-New Brunswick bus tickets, clothes, makeup, winter coat, boots... My boots were taking water and I one day went to work with wet feet, it wasn't funny. But now I have new boots. And I have new clothes. And makeup. And I have a TV now. And I never spent that much of my entire life! 

So yesterday, I was checking on my bills and new ways on how I was going to pay off that $2 500 current balance on my credit card. As I normally do at least one per month, I went in all my credit card accounts to check if everything was ok and than, I saw it: CIBC Visa was offering me a 0% interest rate for 6 months, but a one time fee of 1% applied. I was totally shocked. Just when I was quite shocking on my budget and trying to figure out how to pay this off, in an instant, the problem was resolved. I proceed with a credit card balance transfer over CIBC Visa and my credit card balance problem was resolved. AMAZING!

Be assure that I don't plan to spend much more and my next time in New Brunswick probably going to be only in Easter. So I have plenty of time to catch up on savings and get a second job or something like it.

So currently, my only debts are my margin account ($62 410.89 at 4.25%), my American Express which going to expire in April 2014 ($2 355.10 at 0.99%), my student loan (probably something like $5 500), another credit line at something like 4% (balance of 5k), and my newest $2 539.75 at 0% for 6 months at CIBC Visa. 

Thank you CIBC Visa you had made of the Dividend Girl a very lucky magnetic BITCH.

I have a lot of debt, but its now lower than it used to be and I promise to be a very good girl. My NEW YEAR RESOLUTION is to stop purchasing stock using the benefit of my margin account.

... This is going to be hell HARD.

Also, another New Year Resolution is to pay off my credit card debt. I have great low interest rate for now on my American Express and CIBC Visa, but those won't last forever, we know that. So its a $4 894.85 that I am looking forward to pay off as soon as possible. I have until May-April 2014 to do so, but in the meantime, the money will go as a deposit on my 5k credit line that I hold somewhere. That way, I am sure the money will go the right place. 

Today was the last trading day of 2013 and my non-registered portfolio closed at $133 809.40, +16.10%. Very great results for 2013, I am very please.

For 2014, a few things I want to work on:

-Get a second job.
-Pay off some debt.
-Maximize my TFSA.
-Stop buying stocks using my margin account.

I am currently drinking a very great white wine, its a Kim Crawford Sauvignon Blanc, Marlborough, 2013 and I already drink almost half the bottle. Veryyyy good tasty sexy wine. LOVE it.

Have a good New Year Ever. Since its so cold outside, I am drinking in my bed. Have a nice one.


Anonymous said...

Happy and Prosperous New Year 2014!


Anonymous said...

There's no way you're going to stop buying on margin. You should focus entirely on paying off debt. You have way too much debt to service on your income. You have all the ingredients for a blowout.

Anonymous said...

Happy new year. Hope you enjoyed the wine and kept warm, yes I hear it is cold back east. Keep up your blog, its always an interesting read as you have a unique perspective on things.

Brigitte said...

Happy new year. Sunny. Wishing you great returns for 2014. Love reading your blog.


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