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Aviza
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Default Feb 04, 2021 at 01:41 PM
  #1
Okay I'm trying to follow his plan sort of. I've paid down debt before though it was years ago i did it. I was a single mom has several thousand in debt. And rented with friends put any extra money toward debt kept a little aside for "fun money".

I think he's too strict but he does get people out of debt and I figure it couldn't hurt to follow his plan. Or at least try to follow his plan. I'm aware of the debt snowball I've done it. I'm a bit overwhelmed by debt these days. My brother, old apt, ss, credit cards, added a car loan cause i needed a reliable car.

I was 6k back than now about 9k plus car 16k. Mainly my car is like my house debt, I'm putting it aside. I'm focussing on the debts i can pay down reasonably fast. My brother is basically long term debt. Paying him off will be a miracle and technically should have been part of bankruptcy. I owe him 3300. No interest so not in a hurry to pay off. But send him 100 a month i wish i didn't have to.

I pay 600 a month towards debts. Car is another 200. So 800 a month towards debt. This is the first time i really thought of it. Wow that's alot of money, and yes i have to work so i can afford to pay it. Two things are almost paid off. Which will save me 200 a month. That's when i planned to get a car payment but plans change. 6 months out from those two being paid off. I've got this!

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Deejay14
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Default Feb 04, 2021 at 09:51 PM
  #2
I am sorry you have all that debt. It might well work against you to get financing for a house. But keep on going paying it off. be sure that could only help.

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True happiness comes not when we get rid of all our problems, but when we change our relationship to them, when we see our problems as a potential source of awakening, opportunities to practice patience and learn.~Richard Carlson
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Aviza
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Default Feb 05, 2021 at 08:53 AM
  #3
Not in position right now but something i want to do in the future. I'll have one debt paid off in April that's been a thorn in my side for two years. 150 a month. Done in April. Another credit card paid off in 6 months. I'm making progress.

Dave wants you to save 1k before paying off debt. I struggle there. Already been paying debt. Hate to pull back to build savings. But i see the point. Just will try with tax returns to save. And stimulus rather than pay down debt. Will try.

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divine1966
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Default Feb 05, 2021 at 11:31 AM
  #4
It’s not that much debt honestly. It’s doable
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Default Feb 11, 2021 at 07:55 PM
  #5
If i work part time yes but if i want to just be disabled not really.

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