I’m a young woman, 19, who lives in Georgia. I live with my father who does not support me financially other than the roof over my head. I have gotten myself into a financial pickle the past few months. I recently purchased a car at a 28% interest rate on top of $13,000 car because I thought I could afford it. I also pay an outrageous amount for car insurance that is only going to increase after I just got a super speeder ticket. I work early morning at 4:30am to 1:30pm daily. I work 45 hours a week at $9.50/hr. I’m going to list my bills accordingly down below.
Car payment - $433 Insurance - $317 (Current insurance premium is up before I go to court for my ticket on March 19th . My new insurance company said because of an accident and the ticket my insurance will be $518 with a $817 down payment to start on April 26th.) Credit card - $25/m ($473- debt) Phone plan - 107/m Ticket - $1200 (by the end of it after community service, probation fees, defensive driving, etc)
Currently have $1900 in savings before my car payment this week. I get paid on Friday. I have missed work on a few occasions recently due to health issues so my pay check won’t be complete nor will it be until mid February as I am having my wisdom teeth out the end of January and will miss work for 2 days. I do have $1300 from the accident to fix the car which I know is a bad idea to use for anything else but the car, I was planning on paying my credit card and deductible in March but now I cannot as I have my super speeder ticket. I’m not sure how to go about surviving and being able to keep my car and eventually go to school to get a degree before I’m 30. Im already looking for a second job but does anyone have any realistic plan that I cannot see that will allow me to not live pay check to paycheck? Please help me do the math.
My only goals are to be able to pay my bills, get a new laptop for school, be able to contribute some savings, and be able to buy groceries, get gas, and pay for my toiletries.
Submitted January 20, 2020 at 10:13PM by bitterlybottom https://ift.tt/38qVqlU
