Tuesday, June 3, 2008

Still rolling over the CCs

We had to roll over ~$5,000 on our credit cards again this month as cash flow is still tight. The finance charge was $36. Bummer.

It is amazing how things can creep up and all of a sudden you are behind the eight ball. I really don't like doing it but at least there's a light at the end of the tunnel. May was a tough cash flow month for my business. Fortunately the end of June will see enough cash coming in to wipe out the debt and put away a few dollars towards my IRA.

Then I'll have to finance some capital asset purchases for my project, but that's a separate analysis.

In other news, our retirement accounts brushed up against the $100,000 mark the other day. So we're doing all right there.

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