Like Tree0Likes

OH What A Feeling!!!!

Reply
Old 03-12-2003, 11:20 AM
  #11
Registered
 
Shane's Avatar
 
Join Date: Oct 2000
Location: Niskayuna, NY
My Boats: 2009 FORMULA 292
Posts: 5,543
Thumbs up

Congratulations Jon!
Shane is offline  
Reply With Quote
Old 03-12-2003, 11:57 AM
  #12
Registered
 
buck183's Avatar
 
Join Date: Dec 2001
Location: Siloam Springs, Ar.
My Boats: 1989 Cigarette Bullet
Posts: 4,655
Default

Jon,

I can sympathize with you 100%. Most people would make an issue of using the cards in the first place. I have been in the same boat with my business. Large balances with high interest. It seems like a never ending cycle.

I finally went to the bank last year and got a concolidation (sp) loan. Man what a difference that made! Wish I would have done it sooner. My monthly cash flow jumped A LOT. Not to mention the interest I am saving.

Things have made a turn for the better though. We are now getting ready to expand the business with a larger facility. It's tough starting out on your own. My customers and the people that have helped me along the way have made a HUGE difference. I don't take anything for granted that's for sure.

Keep up the good work Jon. You obviously wouldn't have made it this far if you weren't doing the right thing for your customers.

Buck
#183
buck183 is offline  
Reply With Quote
Old 03-12-2003, 12:23 PM
  #13
Registered
 
TEAMBAJA's Avatar
 
Join Date: Dec 2002
Location: Bucyrus, Ohio
My Boats: 24 OUTLAW
Posts: 6,654
Default

I have a small jar of dimes, nickles, and quarters that Im pretty proud of..........
TEAMBAJA is offline  
Reply With Quote
Old 03-12-2003, 12:30 PM
  #14
Forum Regulator
VIP Member
Trade Score: (1)
 
Sydwayz's Avatar
 
Join Date: May 2001
Location: Worldwide
My Boats: 17' Speedliner Cat & O.P.B.
Posts: 21,920
Default

When I was younger, and in the Air Force, I did a lot of dumb things with credit cards. Several years ago I went to a debt consolidation loan, which really did save me some interest, and forced me into a regimented payment schedule. I paid it off in less than half the term of the loan, and the only thing I pay for on credit now, is business travel to wait for the expense check.
Sydwayz is offline  
Reply With Quote
Old 03-12-2003, 12:35 PM
  #15
Registered
Trade Score: (2)
 
Jolley's Avatar
 
Join Date: Jan 2002
Location: Cass Lake Michigan
My Boats: 25 Ocean Express
Posts: 1,419
Thumbs up

Kick Ass, Jon
Jolley is offline  
Reply With Quote
Old 03-12-2003, 09:35 PM
  #16
Charter Member #232
Charter Member
Thread Starter
 
Audiofn's Avatar
 
Join Date: Oct 2000
Location: Carlisle, MA USA
My Boats: 1979 Formula 302, 99 Formula 353, 81 Donzi 18 2+3 with 454
Posts: 18,379
Default

I tell ya you guys I have been on a high all day over this. It was getting REALLY discouraging paying a couple hundred each month and NOT getting anywere. Well I learned my lesson about buying things the way I did back then. I am running a much more lean and mean business and hopefully with some luck it will all pay off.

Jon
__________________
Put your best foot forward!
Audiofn is offline  
Reply With Quote
Old 03-12-2003, 09:45 PM
  #17
Charter Member #927
Charter Member
 
Payton's Avatar
 
Join Date: Jan 2001
Location: IN
My Boats: 1991 34' Super Hawaii
Posts: 4,817
Default

Cograts Jon,
We have one card for bussiness expences that we earn frequent flyer miles on. Then my wife shops around for the banks with 6-12 month introductory rate that is very low. Thehn transfer any balance we have to carry to that card. You have to be very careful to get rid of the cards as the rate goes up!
Payton is offline  
Reply With Quote
Old 03-12-2003, 09:48 PM
  #18
GLH
Platinum Member
Platinum Member
 
GLH's Avatar
 
Join Date: Dec 2002
Location: Burlington, VT
My Boats: Azimut
Posts: 15,267
Default

Quote:
Originally posted by wwwTOPDJcom
ALL this and the wedding too????
You guys have to go the $36 dollar way you might be able to clear another credit card!!!

Last edited by GLH; 03-12-2003 at 09:53 PM.
GLH is offline  
Reply With Quote
Reply

Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
Audiofn
Formula
7
05-13-2007 09:51 PM



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -5. The time now is 05:05 PM.


Copyright 2011 OffShoreOnly. All rights reserved.