How Not to Manage Your Credit Card

I am financial professional working in a midlevel management position in a multibillion dollar corporation. I have 2 sets of letters after my name: CPA (Certified Public Accountant) and CIA (Certified Internal Auditor). I have a lot of experience dealing with financial matters for individual clients, when I worked as a CPA in public accounting, and at the corporate level for the company I for today. It’s an embarrassment to me that I can’t seem to manage my personal finances as effectively as I manage them at work. I am a real life example of the expression “the cobbler’s children have no shoes”.

My intent is to post a series of blog posts to help me explore my relationship with money, debt, and spending. I started this blog in hopes that it would help me develop habits and strategies to improve my life overall – including better money management habits and strategies. I’m being completely honest in this post about my personal financial failings, which is why I post anonymously! I fear that it would be hard to maintain professional credibility if people knew that I struggle personally.

My husband and I have more than one credit card. We have a plan to get all of our credit card debt paid off in two years. In this post, I am focusing on one credit card specifically. I’m providing the actual transactions of our credit card in the image below. Follow the letter references to the images farther below to read my comments about each transaction or group of transactions. Hopefully some readers can learn from my mistakes!

Quirkella's actual credit card activity on a real credit card. The letters are referenced in the comments in the photos attached.
Quirkella’s actual credit card activity on a real credit card. The letters are referenced in the comments in the photos attached.
If the photo is hard to read, this link will bring up a pdf that might be easier.
Cashy Credit Card

References A, B, C, and D
References A, B, C, and D
References E and F
References E and F
References G, H, I, and J
References G, H, I, and J

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