WOWOWOW. My first budget for ‘09.Sweet – and a relatively easy one at that. I had some extra fundage come my way because of the holidays, so I was able to save more than I expected – which is good, cause the next couple of pay periods are not looking so hot. Ugh. Well, here goes nothing.

I tried to save as much of the extra dough-rey-me I got for the holidays as I could while making a hefty payment to my Chase Visa. Which leads me to my most recent personal finance decision: decided to switch my debt snowball around a bit – and here’s the reason:

I have 2 consumer credit cards now (WOOT!!): the Chase Visa (which is closed) and the B of A Visa (which is open and I – sadly – use if I need to). Because I use the B of A Visa still (which I know I shouldn’t), the balance is always changing; the Chase, however, is not. I understand that they whole point of the debt snowball is to pay down the lower balances first (small, enouraging milestones if you will), but that doesn’t make sense to me anymore since I use the B of A card occasionally- in my mind, I am not making any ground work on paying down my debt if I continue to pour money into a card I still use. Does that make sense or am I crazy? I could use some advice from some of my personal finance buddies (ahem – J.Money!!)

So, I am now going to go back to my holiday break – even though I have to work today. But here is to the next 5 days off – WOOOT!!