 I have $16,000 in credit card debt. Will it disappear after 7-10 years, or will it follow me forever? |
| Right now, I have no means of paying it off. If I were to get funding to go to college, and then be able to make more money, will I still have that debt for the rest of my life? If I wait to pay it ... |
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 How can a 13 year old make $2,500? |
| i really desperately need a new computer... i am trying to go further with my art (doujins, manga, anime, etc.) and the computer i have won't work with what i need for this to happen... i have ... |
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| I am sitting on $10000 in the bank and I am 17. What do you suggest I do with it? |
(This is money that I earned and saved through work etc. not gifts)
Additional Details
I am looking at a full ride scholarship offer so paying for university is not a ... |
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 1000 point for the best answer!!? |
| what is the easiest WAY TO GET RICH WITHOUT HAVING TO DO ANY WORK?... |
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 Am I the only one in the USA not worried about money? |
| The money is rolling in. My bank account says I have plenty of cash and my job pays well. Nice new car. Nice home. More food than one can eat. So where is the problem? All my friends have money and ... |
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 What is a good way to manage money? |
| i spend my money practicaly the second that i get it. what should i do.... |
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 I have £300,000 cash at age 35. Can I retire yet? |
| I have £270K in cash and investments, and £30K in a pension. I do not own a property (so I rent). I'm 35 years old. I live in Hampshire, UK. I have no dependants or partner, and it is unlikely ... |
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SomethingClever | What do you do when.............? |
The bills just keep piling up, and it feels like your head is under water? It's hard to even be happy, because you can't forget about those looming due dates, and 2nd...3rd notices. What do you do when your husband works 12 hours a day, to try and make ends meet, but it doesn't work? When you're a SAHM that wants to work, but don't even have enough money to get the kids into daycare in order to get a job? When you can't work from home because you don't have a quiet environment to take calls from, because you have your sons at home? When you've sold everything you think anyone could possibly want on craigslist? When you're also a full-time student online in hopes of getting a degree so you won't have to live check to check forever, only you can't even focus on school, let alone afford it? When payday loans are a quick fix that leave you in a worse situation than before? When on paper it looks like my husband makes to much to get any type of assistance? When you just want to give up?????
Additional Details
So many great answers. I think it helps a lot just to vent. It's kind of comforting to know that we're not the only ones going through this. Not in the misery loves company type of way. It's just that I guess everyone puts on a front like everything is fine, so you feel like everyone else has it all together. I definitely feel like we can make it through this. I wish I could give everyone Best Answer..... except for that guy "Derek D"......douche bag :) |
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wrkey
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Well.. here's my suggestion.
First, it appears that you may be living beyound your means or that you exceeded you income some time ago and therefore created credit / loan debt that is now difficult to pay. This means that an adjustment in your live style is in order. Do you have cable TV? Turn it off.. use and antenna. Do you have at home internet service? Turn it off... you don't need it to survive. Do you have cell phones? Discontinue them if at all possible. We all lived with out them in the past. Do you have large car notes? Then sell them and purchase one with lower payments and better gas mileage.
All these things I mention are not required to live. You must reduce your expenses to be below your income. Sit down with your husband, gather all the bills together and create a work sheet (on paper if you don't have a computer). Record the balances and the monthly payment amounts. Then put down JUST the bring home pay that you can depend on. No overtime or bonuses as these fluctuate and you shouldn't budget them in.
Then you need to determine IF you can pay the bills with what you have. This is where real honesty comes in as you must come to grips with the fact that either you can't afford your current bills or you are spending more than you need. Then you'll have to get rid of the non-essientials and possibly find a credit counseling group to help consolidate/remove your credit bills. Oh.. did I mention you need to put your credit cards away and stop using them?
You feel overwhelm because you don't have a plan. Get a plan.. then you will a goal and you'll start to see the end goal and have something to work towards.
You and your husband must both set up a budget and then stick to it.
This is the only way to resolve your problems and reduce the anxiety you feel.
Good luck! |
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Pam H
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Your husband must be home some time. Get a job while he is home, just until you can get ahead. One of you is there to take care of the kids, the other is working. Cut out all unnecessary expenses. Pay the minumum on your bills just so you don't get 2nd and 3rd notices. Cut out the payday loans. Eat dried beans - they are nutritious and cheap. |
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Krypton
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pray.. |
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♥Spiders Squirting Sweetheart♥
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Is this me? I don't know you can make payment arrangements and just do the best you can I'm right there with ya. It sucks, but hang in there and finish school no mater what. That is the best thing you can do. |
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onandonandonanon
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Take in other kids to babysit! Get a job working while he is sleeping, so you don't need daycare. Stop your schooling long enough to keep your family afloat! You can't just sit there going to school, while your family goes down the tubes! Yes it's great you are trying to get an education, but what you need right now is cash! You can go back to school when you guys get back on your feet. Ask for advice from someone that has money and is good with money on how to get yourselfs straight fast and then go back to school! Make wiser choices, scale back on things you buy you don't really need, do you have cable, cell phone? These things are nice but not needed!!! Live within your means, drive older cars, shop at thrift stores, don't go to 7-11 type places where prices are higher than everywhere! There are lots of things to do to help yourselves out of this! Be creative, think and you can figure out more ways to cut back and save. If you have credit card debt contact CCC, Consuner Credit Counceling, they will help lower your monthly payments and balances and you make one payment to them and they pay all your other bills. When you finish your credit is in good standing! They are wonderful! Get that job and you two will back on your feet in no time! |
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curious24
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Take one bill at a time. If you recieved 2nd and 3rd notices, or they tell you that they are gonna shut the water off, call them and make payment arrangments and stick to them.
Create a budget, put it on the fridge. Also have a daily spending sheet, where you write down everything you spent...even if its just coffee.
Take a deep breath and sit down with your husband and talk finances. |
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FReQuEnCy04
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Try finding a piece of food shaped like a state or a famous persons face, then sell it on ebay for $1000's!!! |
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JustHuman® © ™
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I feel sorry for ya... |
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Jess
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Payday loans are a bad idea! So are credit cards! Is there a neighbor or family member that you would trust to watch your kids so you could work during the day? Is your husband home on weekends? Is there a plasma donation center in your area? Do you qualify for government assistance? I can imagine your heartache, I grew up with a single mom in a pay check to pay check environment. I hope some of my ideas help. I will pray for you too. |
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ehernandez38!!!!!!
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You should have your own office in your house and try to Figure out what bills to pay.. and count your money in your checking or savings account and look at the balance & say This is how much we are going to spent for food and gas and then this is for the bills and after you finish paying the bills what ever money is left is to save it or buy food or gas. |
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OOOh Yes Thats It Yes!!!!
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WOW I feel you but you got to understand that sometimes you just cant give up theres always away things cant not get worser remenber there are rough time and good times these are the times that you have to survive if you keep you head up youll find away like maybe you can do a daycare at your house thigs like that will get you through trust theres alot of apportunity out there one thing keep doing those classes am amother to be and still going to college. |
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▌║││█║▌│║▌║ ™
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vent on yahoo answers :) |
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D KING RAVI S :}
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just get time and settle same |
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Nina
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Don't panic read this articles, I hope that someday you feel free again, It can be done. Learn how to shop or manage your money better. Good Luck!
http://articles.moneycentral.msn.com/SavingandDebt/ManageDebt/ManageDebt.aspx
http://eliminate-my-debt.blogspot.com/2008/01/how-to-survive-debt-collector.html |
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Crystal
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Turn to the Lord. I did. If you pay tithes you will be blessed. I know you might not want but when i did the Lord blessed me finachally. I thought of how i can be paying bills with this money instead but when i paid my tithes the Lord made away for me. |
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chestnutsie
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Try investing! Before investing, what the most important thing should you look at? Thesedays, people are afraid to do online investment, because they don't feel secure about their investment, what kind of company that will guarantee that the investment will give them the return they expect. Are they really gonna get the return of investment, or their money will just disappear? This kind of spam happens a lot in the internet... that's why you should be really careful to investigate the company profile, in which you will invest your money into.
Honestly, I'm a pesimist and sceptical person, i don't feel secure in doing online investment, that's why, when a friend of mine suggested me to do online investing for generating passive income, i wasn't so sure. after a while, and did a lottt! of browsing and searching through the internet, i found one world-scale international company that offers online investment (fyi, i've been researching this company and they do pay for your investment, lots of ppl have invested their money to this company and got paid, they gave good rates for this company), anyway, they allocate our investment through the stocks in emerging market such as russia, brazil, china and india. the return is unbelieveable!! you could get almost 0.5% daily, which is around 12-15% a month! think about deposit your money in bank, how much return will you get? by the end of the day, your return on investment will be deducted for tax! that's annoying..
I was thinking to myself, i was interested in product they offer, but i don't wanna risk alot of money, so i start my investment with only USD20, using e-gold. after a while, i was excited about the return of my investment! and they did really pay me and credited my e-gold account directly!! now, i've increased my investment and i really enjoyed it, i just can't wait till my money double up while i'm doing nothing 'coz the money will accumulate itself. passive income does really exist!
Don't know where to start? you could just follow the process below:
1. Open new e-gold account, you could register for free at https://www.e-gold.com/newacct/newaccount.asp?cid=5266993
2. Credit your e-gold account by trading your dollar to e-gold using e-gold trading merchant, e.g: http://transxpress.e-forexgold.com/
3. Go to http://www.klikdisini.com/bricsfund and register new account, choose the product 'brics extensive value' to start off, minimum deposit is 20 dollar.
4. Just wait and see, the money will generate profit itself, if you invest more, you could get more profit. well, there's a saying, spend money to make money, rite? ok, try it out and see for yourself, you won't believe your eyes ;) |
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goddess
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Join the Army. |
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JoAnn N
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Pray, go to church. It will get better, I have been there. |
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jess
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Just pray to God he helps |
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