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I'm back ... again

October 26th, 2012 at 08:36 am

hello to anyone who is reading this...

I'm from Arizona and I'm trying to save up to pay off the ridiculous amounts of debt that I have.

My goals are to stash as much cash as I can and then take advantage of the settlement offers that I get from the collections companies, and also to get into good habits of managing my money.

I haven't done anything very saving-money-ish today.. although I did go to the college bookstore and sold back two books that I am done with.

Ok.. I will try and get into the habit of writing in this often, but I can't guarantee what I say will be interesting

Kristin

2 Responses to “I'm back ... again”

  1. creditcardfree Says:
    1351253272

    Welcome back!

    Just so you know, when you accept a settlement agreement with a creditor, the amount that is written off as uncollectable, is generally taxable to you. Here's an
    Text is IRS link and Link is http://www.irs.gov/publications/p4681/ch01.html
    IRS link that explains it. It's always better to pay off your debts if any way possible.

    Good luck!!

  2. kristinxmarie Says:
    1351273741

    Thanks !!
    And no , I wasn't aware of that ... I'll look into that more , thanks for the info !! Smile

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