[Melmo]

I'm in a mess and I'm not sure what to do. I am incredibly impulsive and last summer got a loan for 2600 on impulse and other than glasses I have nothing to show for it. I'm stuck paying 150 a month now and I've just hit a wall where I can't afford it. I just tried to skip a payment but they won't do it. I don't have the money and I can't borrow it. On top of that I'm spending 750-950 on dental work for my cat after bringing her to the vet last week and finding out she has teeth needing to be pulled.
I need advice because I dont know what to do. I'm already on govt assistance because I've been put off work by my Dr and I'm a single mom of 2. Impulsiveness is ruining my life.

[Quarter life]

Hi Melmo.

First and foremost you need to talk to your lender and work out a reasonable alternative payment plan. Most lenders would be willing to re-negotiate your payment schedule if you are having difficulty paying the set amount. Start sticking with only the bare necessities by cutting out unnecessary items on your weekly grocery list, start putting every dollar you save aside per week to build some savings. It is slow going in the beginning...but having a safe place to land is more important and satisfying than the thrill of an impulse purchase. I am now a 'chronic saver'...this habit can also become addictive.

Make that call to your lender and get the ball rolling...I wish you all the best.