Some time last year, I decided to move debt away from high interest-bearing acounts to limited time low interest visa cards. An all my smarts didn't curb my spending when I saw space open up on my credit line. The payback has been a long hard slog. The only debt line that has consistently gone down has been my government student line of credit, an account that I can pay back but I cannot pile debt on to.

I think that at the end of this month I will finally have my President's Choice MC, RBC Visa, BMO MC, and TD Visa paid off and will pay off part of the balance on my CIBC. On the asset side I have put away money for the last four months on my index funds, averaging down on my losses and buying at the bottom of hte market. But the news is so bad that I think the upside on investing there instead of paying back debt is now probably lower than the downside due to the high interest payments.

I'm such a debt whore. I probably won't pay back my debt until late September. Yuck.