Hello, I am 40 and my wife is 39. Neither of us have saved up for our 401k yet, and we would wish to own a house. Our three kids also want to move into a house, we’ve been renting houses to renting apartments the past 10 years.
Our 401k should’ve been started in our 20’s, I know. But we didn’t, and now we might have to pay the price. Combined we make a little over 54k a year. Combined with the ridiculously high monthly payments we have to make. Car payments, car insurance, phone bills, electricity, cable, internet, insurance, food, etc. My credit score is in the mid to low 500’s. So I don’t see us owning a house in the next five years, at least. Tried getting the credit score up but once it’s up, it comes back down, after all the loans we take out.
I just need some financial help at the moment, don’t know how to improve.
Submitted November 10, 2018 at 05:14AM by throwawayyyyyyyyy___ https://ift.tt/2qE9eFZ
