Hi,
So I have a $4000 personal loan at 16.99%, I have two credit cards one at $1600 w/ 20% interest and one at $800 at 20% interest. Plus I have my car which I pay at $255/m. I have insurance at $277/m and my phone at $90/m.
I pay $75 a week in food and $100 in gas per month.
Please don't beat me up, I'm in bad shape and I know it. I lost my job recently and I took a new job that pays less. I am taking a part time job to supplement my income. I'm working a Full Time job at 40 hours a week at $12/h and a part time job for 10 at $12.
I'm in school and I am almost done, I graduate with my associates in IT in May and I am taking a certification test that will help me find employment in IT next month.
I know that I can transfer my CC debt to another card that allows for a 0% APR for 15 months and maybe that will help for a while.
This doesn't have anything to do with finance but things are just really tough for me right now, I'm taking care of my elderly dad and he doesn't have support. My old job use to allow me to be close to home and help him and I was making decent money with that job. I was able to pay things easily and was on track to get everything wiped. Now I cannot, I'm in rough shape and I'm trying my best to get everything squared away and get my school and certificate done.
I'm not feeling good right now, so I hope you won't yell at me.
I really thought about doing debt consolidation and and using money I might've "saved" to put back and taking care of that one large debt but that's still a bad idea. I just don't know what to do. I'm scared of leaving my dad alone and that's part of why I'm doing poorly.
Submitted August 13, 2018 at 07:47PM by TKInstinct https://ift.tt/2Mj8nqN
