Hello everyone. I recently got out of the Marine Corps in January and I would have considered myself financially stable and even "good with my money" up until the last few months. Between a post service vacation to Thailand, the loss of my brother (this one crushed my finances the most because my immediate family relied on me more than anyone for costs), and some recent car trouble back in February which ended up costing thousands..... I am really having a difficult time with my bills.
- Currently around $16,000 in debt.
- 2 active loans = $400 per month (I owe ~$2,500 between both of them).
- 3 credit cards = $400 per month ( I owe $3,000 for Pacific Marine, $7,400 to American Express, and $2,600 to my Amazon card)
- I currently go to school full-time using my GI bill and make $1,850 per month which barely covers my bills + rent.
I will be coming into a secondary source of income soon, but until that happens, I was wondering what my options are for reducing the stress that these bills are causing on me? Would consolidating my debt be my best option? And if so, what would your recommendations be for me? Thank you.
Submitted June 01, 2019 at 08:25PM by The__Optimist http://bit.ly/2wtELNR
