|Originally posted by Tigger
I am not by any means proud to have done this, but at this time it was our only choice. I've also started cooking @ home for dinners and we dont get food every singe night anymore, either, and we take our lunches to work. I have also slashed our satellite bill in half from $80+ a month to $40 a month, by cutting out the premium channels. I also am looking for a higher paying job. [/b]
1st thing here - I applaud you for having the sense to do what you have done in respect of the car - but as I know nothing on US law and how things work out there - I am leaving it there unless it gets mentioned in the text of this email.
Debt is a very cruel thing and I assume from your posting that is exactly what you have and are trying to get out of it - however, if my comments are not applicable- please ignore. I have slept very little and its just gone 6am here in the UK. Had a massive amount on my mind.
I was in a bad position some years ago - to an extent where I honestly thought that we may end up with the house repossessed. We were fine until we had Christopher. We decided that the first year Carol would not work to dedicate her time to our son. We saved for that time, however, no one can tell you how much a baby costs and the savings were gone in months flat.
Carol was suffering from Post natal and had little interest in anything and I was working late to try and get cash in. The outgoings became more than the incomings and it was crippling us. We borrowed from one bill to put on another and vice versa. Basically- we were crippled although will NEVER tell our son this. We wanted him to have everything.
So - we took the bull by the horns.
We: - destroyed every credit card we had and wrote to each of the companies involved to state what was happening.
We: - contacted the bank and we froze the overdraft and agreed that we would start paying this back very slowly.
We: - quit the chinese, pizza and indian food we were having most nights.
We agreed new terms with teh loans and bank.
.. then got rid of the clapped out car we had - made nothing on it - however - we saved on petrol every week, insurance, tax etc etc etc.
I started using the public transport.
I was still working a lot, but pulled the brakes on this - I was suffering severe exhaustion, was coming in, having a coffee, saying goodnight to our son and going to bed myself- just to get up early and do it all again now. I came home and started to help with Chris, moreso, I recognised Carol had post natal depression and got her to admit it and saught advice. I spent a lot more time with her.
I stopped having chips etc at work daily - made a butty and took it with me. That saved nearly Â£8.00 per week.
We - and ashamed to say this, even bought "cheaper" brands - so we would eat them. We never scrimped a cent on Chris. Meals were okay for us - we managed.
Then came the possiblity of working abroad for me - we decided to go for it and we sold the house to get where we are now.
We then paid every single person off, parents, banks etc. We now have a larger place and are renting it. The job in Cnada fell through last year.
We managed to put money away as we owed no one at all. We bought a newer car - about 15 years newer and stunning.
We have so much now (not money - we live to our budget) and are lives are richer than ever. The job mayy not have panned out - we have set our wheels in motion for another in canada next year.
The relationship between my wife and son and I is concrete and water tight. I am now able to assist people and advise if heavily in debt where to go, what to write and how to draw up a 5 year plan.
I ended up being two years ahead of schedule and now happy as a pig in muck.
I wish you every success and if I can help at all -let me give you a 5 year plan and bet you beat it financially.
Sorry its a ramble - i am far from perfect, I have struggled and wanted to show that there is light at the end of it all. The most important thing is you have your other half - that is worth more than any amount of $$$$ in the world. I have a pc system that builds resumes and concentrates on you - would love to help you with that and get the job you deserve with more $$$
well done again - I admire and commend you for what you have done.