I decided I should track the spending with those rewards gift cards as it happens. No need to delay paying the mortgage down, right? I set up a spreadsheet with each card and it's original amount, the amount used/remaining and the amount sent in. Or something like that!! This way I can keep track of what I need to send in.
I already sent $50 in last week when I spent a $50 gift card at Walmart. Today I'm sending in $123.15 for gift cards spent on Amazon and at Kohl's this weekend. At this point we have spent $173.15 of the gift cards from the Southwest Airlines Rapids Rewards card. And it has all been matched with our own cash that we have sent in to the mortgage.
In other news, I'm still waiting for my husband's travel payments to shake out, so I can pay off his expenses on our Chase Freedom card. It should be done this week. It was nice of him to charge gas while their 5% back promotion is running. That will just mean more rewards from that card, or a forecast of future snowflakes as I see it.
This snowflaking debt is fun and so satisfying. Did you make a snowflake this week? Did you save it, spend it or pay down debt?
Mortgage Principal Down Again!
September 23rd, 2013 at 06:28 pm
September 23rd, 2013 at 06:35 pm 1379961354
September 23rd, 2013 at 06:40 pm 1379961659
September 23rd, 2013 at 06:49 pm 1379962184
September 24th, 2013 at 03:18 am 1379992699