I know im terrible with my money trying to finally face this instead of ignoring it so save the judgements please...i bought a truck last october for 38,400. My payments are 800/monthly for 48 months and im currently finishing my 13th month so ive paid 10,400. A quick black book search valued my trade in from 13-15000 so i would still owe over 10grand if i traded it in right now. Me and my wife both work full time and we definitely need 2 vehicles. I owe canada revenue close to 40gs and got another 20grand-ish bill coming at tax season. Credit card are maxed at a value 14,300. I rent. I have 3 kids. I make roughly just over 8grand a month as a personal contractor and dont even know where to start. I realize i have to start looking really hard at all my expenses and i know i dont need or can afford this truck. But is trading it in for a beater right now a good idea? Is it better to wait? Trying to stay positive but hard to not feel like youre drowning...ive always worked hard but spent it just as hard and have nothing to show for it...my kids have no savings my family has no home they can call their own and we exist week to week financially. I know this is my fault and need to fix it just have no idea where to start
Submitted March 18, 2018 at 01:05PM by joeluckylegs http://ift.tt/2HJzwx2
