So today is friday and i just got paid on thursday and my husband just got paid today. I tried to do a budget yesterday for our week so that we could do like Dave Ramsey says and do a "written budget". I swear I love that man's ambition. Any who....IT DIDN'T WORK. I had barely gotten done with all the bills i had to pay for the week and of course i was already broke. At least we won't be stuck at home this weekend. My sister has her surprise graduation party on Saturday and i luckily one some free tickets to the zoo on the radio (yup, while working..the best way). At least the kids will get to be outdoors and get to run around.
It just seems like every time we are about to get ahead something happens. I am making about $10,000.00 dollars more at this time than i was last year. I was thinking GREAT now we are on a role...we are really gonna get out of debt. Of course something had to happen and BAM my husband lost his good paying job. So now I'm making what he used to make a little less and he is making about the $10,000.00 less that i used to make. So we basically switched roles and took about two steps back. We don't spend more we spend less but still can't get out of debt. We are inching our way along but i want to do more than itch. I shouldn't' be so hard on myself as i have gotten rid of quite a few bills. I got rid of walmart $800.00, medical bills $1450.00, and a bank credit card $4,600.00 dollars. I wish i hadn't of bought my stupid car about two years ago and just kept the one i had. i would of been done paying for it now. of course that is when i thought i was invincible and money was no object. WHO WAS I KIDDING??
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I just finished reading some of your posts and wanted to say I'm sorry to hear your in this situation, things do/will get better but sometimes we have to tough it out to get to the bright light. Since you are living so close to the edge each week, I was wondering how much you are paying towards your CC bills and if these are still current? I'm a Dave Ramsey fan as well, but living so close with your money and not having an emergency fund, any little thing could upset your balance. What I would suggest (well DR suggests this), is coming up with a livable budget, include an extra $100 per paycheck so your not living on the edge with diapers, gas, etc. Use your base pay, not including any overtime, list all debts that "have" to be paid, car loans, student loans, etc, with whatever is left, then pro-rate that amount and send this with the letter to your CC companies, and keep to that payment. Maybe see if they will work with you as well on interest, etc. Then take all your OT for the next month or so and build up your $1000 Emergency fund.
Hopefully your CC payment reduction will allow for the extra $100 per paycheck so you can not be so stressed, and having $1000 in the bank, will provide alittle peace as well. Once that's complete, then start following DR's snowball method.
As to the car, this is one thing that does bug me about DR, he tells you to get rid of it, but really for most people it's not that easy, alot of us using his program have bad credit, can't get a loan, etc, I know my DH and I couldn't sign for a loan to cover the difference. My plan is to keep making payments until we are equal, and they try to sell. So if you can make some of the other changes I mentioned, if you think it would help, and get rid of alittle more debt, perhaps in a year you will be able to sell the car, this is something to look forward to, because once it's sold, then no more payments, etc. And in a year from now, or 9 months from now, perhaps you will have less debt, and be able to put another 1K in the EF and use this money for a used car.
I know this is quite a bit of advice, so please don't take it the wrong way, just trying to help, after reading your blog, so many people are in similar situations, and it really is heartbreaking to hear the stress this causes in families.
I hope your court date works out, and you can reduce your child support payments so you both can become debt free, thus will then enable both of you to care for your step daughter and your children, without the additional worry of all this debt.
Good luck
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