Me. I'm 25 years old, yes i have a job. Im a programmer in practice, and I have 2 children. The problem is i made mistakes earlier in life to the point where im about 20 g's in debt. Im still a student, graduating in the summer. I want to provide a good life for my children and their mother, but I dont know how im going to catch up with my debts.
2006-12-08 17:02:42 · 9 answers · asked by jzimmerman56301 4 in Business & Finance ➔ Personal Finance
Hmm.. i'd give you money if it makes you happy. You'd have to promise to spend it wisely though.
2006-12-08 17:04:47 · answer #1 · answered by You Make Me Lol 3 · 0⤊ 0⤋
Someone suggested seeing a credit counselor, it's a good idea. You say you have ajob and family. That's a good start.. No I will not give money to you, but I hope I can give more than that by what I have to say. Start to live within your means. Find out how much you owe exactly and what interest rate they charge. If it's higher than 8%, try calling them to get a lower rate. Make payments and to anyone you owe on time. You have a family, so you need to take care of necessities first, like rent/mortgage, grocery/food for family, clothes & insurance for them, decent and reliable, but not extragavant vehicle for transportation to work. Have wife pack you lunch for work, if you drink Starbucks, try to make it at home or drink what's offered at work (it's cheaper). Take kids to local library and city parks(it's great tax money at work) or public city sponsored events for the holiday events (kids got to have some fun too). Did I say pay your debt and pay it on time. Since you are young, you have the advantage of youth -- maybe you can take a part time job for the holiday.. and forget about the temptations of buying new toys, like that GPS, IPOD, or plasma/lCD tvs or clubbing. Once your credit gets better, get a zero percent card and use it pay some of your necessities / not luxuries.. and remember to stick to the terms given and pay on time. Make a plan of how and when you can pay off this debt.. You'll have a better future taking care of this debt now rather than running away from it. Once you finished paying it off, you'll see what an accomplishment it is once you focus your energy.. and move on to do better / bigger things. Also, stay on track to graduate as that will open doors for you to make more $$$. Good Luck.
2006-12-09 02:21:58 · answer #2 · answered by JNC 2 · 0⤊ 0⤋
Today I watched a CNBC program about Warren Buffett. I remembered that he was talking about two things very important in life. One is to get rid of credit card debts. The second one is to invest.
2006-12-09 01:51:24 · answer #3 · answered by calmarnet 1 · 0⤊ 0⤋
WELL I'M A SOON TO BE MOM WITH THE SAME DILEMMA. BUT I AM ONLY ABOUT 15 G'S IN DEBT. I WORK AND GOT SCHOOL BUT WHEN THE BABY COMES I'LL BE HOME SO I STARTED TO MAKE MONEY ON LINE. TRY THIS WEBSITE. IT REALLY HAS HELPED ME CAUSE NOW I AM NOT STRESSED ABOUT MONEY
http://www.myreviewplace.com/nat2004.html
I REALLY WISH YOU THE BEST
2006-12-09 01:33:14 · answer #4 · answered by nattpaty 1 · 0⤊ 0⤋
If people were to give you money, that would make things too easy. We've all made mistakes, and you have to learn by them, by dealing with it and struggling your way through until you can get back on top. Receiving hand-outs will not teach you anything
2006-12-09 01:12:27 · answer #5 · answered by sharkgirl 7 · 0⤊ 0⤋
I'd give you a job, depending on what you're programming. If it's .NET, Flash and such, look up DLI in Monterey and figure out how to apply - once you've graduated, that is.
2006-12-09 02:53:24 · answer #6 · answered by Anonymous · 0⤊ 0⤋
You're begging online. Go talk to a reputable credit counseling service.
2006-12-09 01:06:14 · answer #7 · answered by JBarleycorn 3 · 0⤊ 0⤋
wow... you SO need to tell me if this works b/c i graduate next week and need those student loans taken care of.
2006-12-09 01:10:06 · answer #8 · answered by casadienickole 3 · 0⤊ 0⤋
hmmmmm....and it's Christmas season.....LOL
2006-12-09 01:12:05 · answer #9 · answered by zoomat4580 4 · 0⤊ 0⤋