It feels like I flew out of my Mothers womb and directly into a lake of debt, all of which I can put down to dodgy car purchases, credit cards, impulsive decisions based on emotion and being down right naive and immature. ALL THAT ASIDE, I have learnt from these bad decisions and entered myself into a government debt agreement. This is what my outgoings per fortnight looks like:
Rent - 350.00
Car repayments - 271.34 (15,600 remaining, last payment SEPTEMBER 2019)
Ex-partner's mother (long story) - 200.00 (17350 remaining- no interest)
Debt agreement - 107.00 (just under 16k - 4yrs and 9months remaining)
Phone Bill - 100.00 (200.00 per month)
Petrol and food - 70.00
Extras - 40.00
Insurance - 35.00
Hot mess.
My income is at $1300.00 per fortnight. - wonderful 👌🏽
I can't travel, socialise (rarely - comes out of extras), buy the fancy clothes, eat the good food or enter into any personal finance.
I'm a trapped 24 year old and an absolute sucker for a quick fix that ends up getting me in more trouble. I understand that I need to focus and keep going, I'm not always going to have these expenses (estimated time until debt free - 5 years) but I feel like I'm wasting the prime of my life sitting in a room, eating stale crackers waiting for the next pay, just so I can pay the rent to my nut job of a landlord.
Any advice or feel good stories accepted.
helpmeimpoor
Submitted June 07, 2017 at 09:06AM by maysaladas http://ift.tt/2s3RpTA
