OK, so … wait. Hear me out. This is good, I promise.
I think.
OK, so, somewhere around these parts there was a discussion of debt monkeys, and how the credit circus will forever want the masses to play, and not only watch the show but become an active part of it.
OK, so, what I did was … what ha’ happened was … well, they said I could, so I did.
And yes the interest rate is a third of the total amount borrowed but so what? Usury is as usury does {Proverbs 28:8}, as long as there is no prepayment penalty and pay more than the monthly minimum, then the interest rate … well, still hurts, but at least the burn is only 2nd degree rather than full thickness.
Rationalization, meet justification.
Not really but yeah totally.
OK, see, got this offer in the mail, and although I didn’t go with that offer I got another offer as a result of the original offer and it was a limited time offer (not really but I’m comfortable with that) so I jumped on … and got another monkey.
BUT but, wait WAIT, that monkey fed some other monkeys, and now I’ve got one big (ginormous is a word, right) silverback rather than a bunch of littler howlers … and I’m good with that.
Meet me new monkey: Travis!! (still got my face tho’, such as it is) …
Type of Debt | TotalDebt | MinMonthPay |
Wow, really? | $70,000 | $750 |
Newer monkey / fresher scent | $50,000 | $1500 |
Years of monkey play | $1,000 | $1,000 |
Residual Monkey fun | $4,800 | $600 |
Regular Monkey fun | $3,000 | $500 |
Bananas, bananas all | $128,800 | $4,350 |
Methinks me can feed/starve the four-figure monkeys over the next couple of months, and then throw more and more bananas at the second to biggest monkey to shorten the feeding time.
There is progress. Five steps forward, 4.5 steps back. Slow, but moving.
See? Debt satisfaction works.