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I'm ready to give up the throne

April 8th, 2007 at 04:59 am

For as many years as i can remember I have called myself the queen of procrastination. Now as it is drawing near to midnight and I still have dishes to do and a kitchen to clean up and easter baskets toget ready I am thinking that I need to get my rear in gear and give this title to someone else.

I know that top part has nothing to do with finances but I needed to vent a bit bear with me. (I don't think that was the right spelling but I feel like a grumpy ole bear right about now)

On a financial note I did get my taxes done today. I am getting over $5600. back. I know that will get many of you in a twitter. I have not been a member here long and what I have learned in that short time is I need to budget better and I need to make some major changes to my tax situation. I learned that I can ask my employer to take earned income credit up to a certian amount and get it in my pay check as opposed to tax refund and I learned about how many exemptions I should take to hopefully get me to break closer to even at tax time. Please be patient with the newbee

Now the big question is what to do with the refund. I am unemployed at this time and have been for almost 2 months. I could take the refund and pay off the credit card and be almost debt free or I could feed me and my children and pay utilities and rent. HUMMMMMMM. ;p

5 Responses to “I'm ready to give up the throne”

  1. baselle Says:

    Congratulations on the refund, still. Don't beat yourself up about it. Yes, its not the best strategy, its still better than a poke in the eye with a sharp stick.

    Feeding you and the kids is more important, of course, but if you have a particularly hated debt or something small that will give you a psychological boost if you pay it off, consider it.

  2. homebody Says:

    I'm not beating you up. How could you know what the earned income credit would give you? My niece is getting a large refund too, or should I say a gift since they are getting more than they every paid.

    I would put it in saving and feed the kids and pay the rent as long as you can.

    PS I thought I was the queen, maybe you are a princess?

  3. JanH Says:

    I'm a HUGE proscrastinator! I have been working on that this year. Slowly, but surely.....

  4. yummy64 Says:

    Congratulations! On getting it done.

    I continually work at not being the queen of procrastination. I usually use the flylady thing of "just do 15 minutes" and at times even use the dang timer. For some reason I always thing that everything is going to take FOREVER when it really doesn't.

    My opinion is that you and the kids need food and shelter more than the credit card company needs money. I'd therefore use it for rent/food/utilities until you get a job. Of course I'd be very frugal and hope that a job would come quickly so that whatever is left could go on the card once I was back working.

  5. nitajaye Says:

    I'm glad that so far everyone agrees that me and my children need to eat and provide for the place where we live Smile.


    HOmebody, I will have to get back to you on if I am the princess or not.

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