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Archive for February, 2019

The Numbers.

February 22nd, 2019 at 09:53 am

I am adding my debt to the sidebar. Its ugly. But hopefully I can only go up from here.

Some details about my expenses that I posted the other day.

I live in an area that is considered "rural." We are about 15-20 minutes from a big town. There are no options for electric and water. The electricity is for a 2400 sq foot house, a barn, and a shop.
I am trying to be better about leaving any lights on that aren't necessary. In the spring and fall, it will be a lot less. But $295 is about average for summer and winter. And there are only a few for tv or internet. We do not have a land line. I agree that our cell phones are high. We are currently both paying for new phones we got a couple of years ago. That is about $50.00 of the bill. If we changed providers, we would have to pay the remaining of what is owed on the phones. The Dish bill is lower that it has been in years. I am on a 2 year contract. I would have a cancellation fee if we cancelled. And in order to use Sling or some streaming service, I would have to increase our internet speeds. The internet is very limited in our area due to our location. So it is expensive and slow. So, if we did the change, it would save us about $29/ month. Not sure if it is worth the cancellation fees and debt it would cause. And yes, we could cancel Netflix. Maybe its an option. Right now we use our tv for entertainment a lot.

Putting some applications in today for part time jobs. Hopefully something will pan out.

Rose.
CC1 (ME) - $1620.62
CC2 (ME) - $2333.18
CC3 (ME) - $5850.00
CC4 (DH) - $5000.00
CC5 (DH) - $3678.03
FURNITURE - $900*
AUTO CARD - $3809.72
CARE CREDIT - $809.70
CAR LOAN - $11735.27
JEEP LOAN - $3132.73
TAX LOAN - $10003.74
PERSONAL LOAN - $11000
IRS - $2800*
MORTGAGE - $125794.59
________________________
TOTAL W/ MTG = $188,467.58

TOTAL W/O MTG = $62,672.99

TOTAL W/O MTG & CARS = $47,804.99

Income vs Expenses

February 19th, 2019 at 09:48 am

Bottom Line... I need more money somehow.

For clarification:
I work a full time job M-F
My husband works full time M-F
We are both earning a decent income now, we are just behind due to the closing of our business and my husband transitioning.

ELECTRIC 295
WATER 100
TRASH 76
CRAPPY LOAN 159.01 every 2 weeks
CAR 390
JEEP 390 - PAID OFF IN 8 MONTHS
INSURANCE 167
DISH 79
VISION 28.76 - HAVING TO PAY UNTIL JUNE 2019
LOAN 342 - TAXES
IRS 300 - TAXES
PERSONAL LOAN 500 - TAXES
CELLS 224
INTERNET 85
NETFLIX 11.90
MTG 1275.05
_____________________

$4429.72

INCOME

ME (AFTER INSURANCE & TAXES & 401K): $1580/ MONTH
My job requires me to contribute 2% and they match 5% on retirement.
DH: $3000

___________________________

WE SHOULD HAVE $150.28 LEFT A MONTH

This does not include food, gas, rxs, or dog food.

This also does not leave any room for debt repayment. I haven't posted those numbers yet, but you get the idea. We just aren't making it.

BUT...
The stupid loan from the crappy loan place will be paid off 05/10/19. That will add $318.02 a month. HUGE! And the jeep will be paid off in 8 months....so that will add $390 per month. We are planning on doing the garage sale in 2 weeks if weather permits. And we have 17 items listed for sale.

Thanks for all the support.

Details of the last 6 months

February 18th, 2019 at 01:38 pm

The struggle started more that 6 months ago, but I haven't blogged in 6 months. The last time I blogged, I was working at a job that I hated. I was miserable...I would go as far to say that I was depressed. I didn't have a single friend and I had worked there almost a year. They were mean and unkind. I was underpaid and disrespected. My husband had a string of health issues from April - June-ish, so I needed a j-o-b. The health insurance is the only reason I hung on. But most days ended in tears. Along with my awful job, our business was more than struggling. We were barely making ends meet. Actually...we weren't making them meet. We were months behind on taxes. We had taken 2 loans just to pay them. We weren't making enough to carry it and we finally made the decision to close. This happened for multiple reasons. It made me sad, but we would lose everything if we didn't. This was a horrible time for my DH and me. But we made it through. I got a new job in September. Making more money with potential. My husband has a job, although for 3 months he barely made anything. This is not an exaggeration.

So here we are. We are not able to pay our credit cards. We are behind on almost every bill we have. We have no savings. My credit score has tanked by 200 points. I don't have a budget for gas or food. I don't know how to make it work.

The thoughts.... we need more money. No way around it. In theory, we make enough, but we are so far behind. I have been really depressed and having a hard time doing basic daily functions. Not cleaning my house. Not taking care of myself. Finding no joy in life. But, this weekend things changed. I cleaned my entire house. Top to bottom. I have started our taxes. And have started looking for 2nd jobs. We have items from our business that we can sell. We are gathering things for a garage sale. I washed my hair. (This is a big deal.) I am trying to see that we will make it out of this. One of our loans was from a personal friend. We are negotiating a sale of part of our land to clear the debt. Possibly clear the loan and come out with a few thousand in cash.

So we have a lot of debt right now. IRS Debt, personal loans, stupid loan from one of those crappy loan places with the outrageous interest, 2 car loans (one will be paid off in 8 months), other loan for taxes, mortgage, 5 credit cards, 1 auto card, 1 pet care (pay for the death of our dog bit by a rattlesnake), medical bills for husbands injury in April 2018. I hope that is the complete list. I still have to come to terms with the numbers. I'm trying.

So that's it. That's how I got here.

Far from coming up roses

February 13th, 2019 at 01:34 pm

I was blogging on SA a while back, but unfortunately when I came back, my blog was gone. So I am here again. You can call me Rose. I was struggling before and have now hit the proverbial "rock bottom." I will get all of my numbers for my sidebar, which I am honestly so scared to look at. But, I am looking forward to the support of this group. I am facing a monstrous climb from where I am. Thanks for having me back.