About Me

Patrick

46 year old,single male in Ohio. I'm "the toyguy" because I work in the toy dept. of a large retail store.

2009 Goals:
- Pay myself back $344 for muffler repairs on my car from December of 08.
- Add $400 to my E-Fund
- Hold off as much as possible on my smaller "funds" and goals till first 2 goals are done.
X- Continue saving for a total of $4000 for 2009 IRA.
- Start saving for total of $3000 for 2010 IRA.
- Have my first ever yard sale when the weather starts getting nice this spring.
- Try to take a real vacation around July or August possibly to Costa Rica.
- Pay at least $100 extra per month to Mortgage principal. I plan to pay off my mortgage completely before the 20 year mark which is about 3 years from now.

2008 Goals:
- Continue using Quicken to keep my checking and other accounts in order.
- Save at least an additional $400 into my
E-Fund (DONE) which currently has $1,200 in it. My overall goal for E-Fund is $12,000.
- Slowly work on building up a car fund. (VERY SLOWLY)
- Save enough into Travel Fund to take a good vacation in October. (Saved enough money but cannot travel this year)
Save $4000 for 2009 IRA contribution.
- Continue my "Paper (clutter) Challenge"
- More to come as I think it over.

Credit increase

August 29th, 2009 at 08:42 am

Got a letter from Chase that they raised my credit limit from $7000 to 10,000.

They really want me to spend some money.
It really doesn't matter cause I always charge basically the same things and pay them off when I get the bill.

Posted in Uncategorized | 8 Comments »

8 Responses to “Credit increase”

boomeyers Says:
August 29th, 2009 at 10:21 pm

Wow!! I didn't realize they actually INCREASED credit limits. Just looking for the next sucker are'nt they?
Patrick (Toyguy 1963) Says:
August 30th, 2009 at 09:00 am

Yeah but I may be dumb, but I'm not stupid. :-)
dmontngrey Says:
August 30th, 2009 at 01:04 pm

Hmmm... could be a good sign in the credit industry. They aren't going to raise anything for me, but I do have 4 cards with them. They've extended me plenty of credit across the board - I only use 2 regularly. One is grandfathered in with old terms of 5% gas/grocery/pharmacy.
At least a higher CL will just make your utilization look better. Nothing wrong with that at all!
Patrick (Toyguy 1963) Says:
August 30th, 2009 at 04:32 pm

Thanks dmontengrey. Yeah I think overall it is a good sign.
dmontngrey Says:
September 3rd, 2009 at 06:20 am

Well whadda ya know, I was wrong! I just logged in and see that Chase bumped one of my accounts from $10000 to $13000. Interesting. The worst that card usually sees is around $1000 a month. More often than not lately, it's been under $400. Thanks Chase!
Patrick (Toyguy 1963) Says:
September 3rd, 2009 at 09:56 am

Good for you dmontengrey. Maybe its the Credit cards version of a stimulus package that they are uping credit limits.
Jerry Says:
September 11th, 2009 at 01:10 pm

Teehee. The credit card companies HATE guys like you! That is awesome! Let them raise that credit line to the roof, you still will pay it off each month even if it leads them to offer you the moon. If you can use the credit cards, and not let them use you, it offers you some of the best financial insurance in the world. Keep it up!
Jerry
Patrick Says:
September 11th, 2009 at 08:56 pm

Thanks Jerry. You are right that they could offer me the moon and I'll just stick to what I'm doing.

The Toyguy's Blog

Chugging along at a snail's pace.

Credit increase

8 Responses to “Credit increase”

Leave a Reply