First things first. im 20 years old, I'm in the electrical field and I am an electrical apprentice for a local union. Right now I'm making about 1600 a month, if I get a full month in, full 40 hour weeks (never call out bc I desperately need the money) I get a few dollar raise every year once a year, for 5 years until I become a journey man.
I'm stressing out pretty hard because no matter which way I slice the cake there's just not enough money, here's the situation.. My car is breaking down and repairs are about 2 grand.. I have just over 1000 in savings.
I have a few credit cards 200 owed on one(no interest for now) and a another I owe 450 (no interest for a year.
Phone bill is 90 bucks a month.
I have a personal loan through the bank, (1,966 owed, pay 200, but minimum is 139) because I needed books for school and no one in my family was able to help me financial wise not a rush family but not a poor, we get by.
And 2 years ago financed a Jetski (only thing I thoroughly enjoy in life but i know stupid mistake) I owe 6700 left on the loan, minimum is 226 a month i pay 300 to try and cut down some payments to pay the loan off a little quicker.
Car is paid off. But now it's needing some costly repairs, about 2k worth. I'm starting to freak out bc either I need to buy a new car that I don't have a down payment for and the monthly income bc I'm paying everything else off.
I was thinking maybe I should get another personal loan big enough pay off Jetski and Loan and whatever else and hopefully have enough to buy something decent used that's reliable.
I have no clue what to do. I'm just stressing because the job the site I am at right now is coming to an end and I could be traveling up to an hour and half depending where I'm sent for work.
Submitted April 10, 2017 at 10:51PM by -The_Box_Ghost- http://ift.tt/2o22a38
