I have a plan for my finances. First of all, I stand to get some money from a trust fund when my stepfather dies. Instead of slowly spending all the money in my checking account on groceries and gas, I’ve started putting it all on my credit card and will hopefully pay it off in several years with the trust fund money.
I started using my credit card because every year in December with Christmas and all I spend a lot of money and my finances go down until I just have a couple hundred in my checking account. They go back up every February because of my tax refund. I thought I would do things differently this year, thus putting as much as I can on my credit card and then when I get the trust money I’ll pay it off and hopefully have a little extra left.
The problem is the trust money is not a sure thing and even if I get it, it might not be for ten or more years. The trust fund was set up for all five of us children when my mom was alive and it’s not supposed to be touched by my stepdad or my stepmom but I am kinda worried that my stepdad will mess with it so I don’t get it. Or maybe after he passes away my stepmom will pull some legal tricks that prevent me from collecting it.
So it’s a gamble to run my cards way up without knowing for sure if I can pay them off. I’m going to keep putting my expenses on my credit card and hope I get that trust fund in ten years. What do you guys think of this plan? Oh yeah, I usually see my stepdad about once a year but I won’t see him this year and I emailed him to get his address to mail him a Christmas gift and I sent the email three times and he hasn’t responded, Bad sign?