I'm not sure where to start and kind of overwhelmed to tears...
It's really embarrassing and i made a throw away account just to talk about this.
I'm 27, my husband is 31. Our kid is 2. Together we make 45k a year. He works 50 hours at a labor job i work 20 in fast food. We have no education beyond GEDs, not because we're unintelligent, but unfortunate life circumstances and our own poor and rash decisions.
0 savings, 0 assets, 1 crappy old car.
We have very poor credit (student loans, hospital debt, 1 or 2 unpaid bills and who knows what else. No credit card debt or loans) i don't know how to find out how much debt we're actually in.
We live paycheck to paycheck and today i had to borrow 300$ from my 21 year old college student brother to make rent. I feel like we've hit rock bottom.
Truly we are the epitome of failure.
How do I start to turn this around? Looking for tools, calculators, apps, search terms, books, a saint who will look at our budget, anything at all. I'm not trying to throw a pity party I'm just looking for some direction because trying to analyze this on my own when i don't even know where to start is driving me into a panic attack.
Thank you anyone for any words you may have.
Update:
Thank you everyone for your responses, this has been a HUGE help! Im headed to bed as i work in less than 7 hours but my homework for tomorrow:
Call Comcast and try to renegotiate. If not, then cancel and use our phones.
Call Sprint and talk to them about hubby and i downgrading to save on those phones and phone insurance. We'll finish the rest of the leases for my brother and mother in law but cancel after those are through (in 4 months)
Come up with a cheaper meal plan for a month.
Figure out the exact total of my debts (not sure where)
Start tracking spending on Mint and EveryDollar
Look into David Ramsey!
Long term, I'll be looking for cheaper rent near my husband's job.
Thank you everyone!
Submitted April 04, 2019 at 06:39PM by 1kross_ssork1 https://ift.tt/2FTpMki
