Hey guys i hope this is the right place to post. Most my life i have been very good with my money and am now getting in a little over my head with baby expenses and life causing financial problems i really need help getting out. Recently just had my daughter and am living at home would like to get out of debt as fast as possible to get a place on my own.
Here are my debts as of today!
Auto loan $48,170.99 Interest 3.99 Minimum $661.50 Motorcycle $2008.50 Interest 9.95 Minimum $164.00 Credit card 1 $851.17 Interest 25.00 Minimum $30.00 Credit card 2 $1067.58 Interest 20.24 Minimum $30.00 Credit card 3 $3341.31 Interest 0 Minimum $70.00 Credit card 4 $1926.16 Interest 0 Minimum $60.00 Insurance $334.73 Interest 20 Minimum $175.00 Living expenses-- $250.00 (putting this on paper is devastating)
My monthly income is roughly $1600 All my bills are equaling about $1440 which doesn't give me much room for saving. I checked all credit cards and there are no pending offers for 0%. Would it be smart to open up a whole new credit card and transfer the high interest cards combined into a 0 interest or is better to pay off individually
I know this is allot and you all are busy but any help is greatly greatly appreciated!!
Submitted July 27, 2017 at 07:47PM by moto494 http://ift.tt/2eRqF3m
