Today is payday. I usually direct most of my mid-month pay off to my Visa bill. At $2766, the amount due this week is more than my net pay.
As it turns out, I do not need to borrow an additional $1600 (my original forecast) from my credit line to cover this bill. Between the HST transition payment, a little self discipline, and two dental insurance payouts which arrived in my chequing account before the costs of two dental visits appeared on the Visa bill, I've got enough in my account to cover it.
While I may have only postponed the inevitable by one month, I may also have saved eight dollars in not having to make interest payments on an amount not yet borrowed.
