I'll vote here too:
Tribriguy has the right idea. The CC debt has to get the beat-down first. Keep rolling balances every 6 months (and remember to close your previous accounts).
I recommend without hesitation an ascetic lifestyle for a while. I'm not talking Sidhartha here (no wandering the countryside, begging for food, etc), but some extremely disciplined budgeting/lifestyle adjustment can go a long way. It's like workouts in that if you tough it out for 6 months, you'll do it the rest of your life.
You mentioned you're an accountant, so if you do your TVM calc's correctly you'll see the right path.
talk about timing...
http://moneycentral.msn.com/...anagedebt/P42811.asp
Tribriguy has the right idea. The CC debt has to get the beat-down first. Keep rolling balances every 6 months (and remember to close your previous accounts).
I recommend without hesitation an ascetic lifestyle for a while. I'm not talking Sidhartha here (no wandering the countryside, begging for food, etc), but some extremely disciplined budgeting/lifestyle adjustment can go a long way. It's like workouts in that if you tough it out for 6 months, you'll do it the rest of your life.
You mentioned you're an accountant, so if you do your TVM calc's correctly you'll see the right path.
talk about timing...
http://moneycentral.msn.com/...anagedebt/P42811.asp