Well, we did it. We refinanced our consolidation loan and added the line of credit and our credit card debt onto it. We left the car loan where it is. I'm not sure if that is the wisest choice, but right now it's the easiest.

Like I said before, this is the third time I have consolidated since 2004. It makes me feel ill when I think about how 7 months ago we consolidated all our debt and said, "This is it--no more debt" and yet somehow there was another 6K to add onto the loan. Sure, we reno'ed the kitchen...but really that only accounts for 2K of that 6K. It makes me queasy just thinking about the amount of money we (ok, mostly I) spend on 'stuff'.

My name is Carrie & I have a spending problem.

The New Freedom 35 Plan

Consolidation Loan - to be paid off in April, 2012
Car Loan - to be paid off in September, 2013
British Loan - to be paid off in November, 2009
House - to be paid off in 2048 (it sure does sound scarey when I put that year out there).

So, now that we've mastered staying in the black in our chequing account (18 days now), our next plan is to set aside money every month for an emergency fund...and then after we master that, it's going to be debt reduction.