I realized why I moved back home in the first place, I can not afford to live on my own with a car payment. When I first moved out I was able to pay my rent and car note ( I had completely stop paying cc at this point) Then my car was paid off and I started paying off old debt I was doing great then I got a cc and was paying ontime, everything was lovely except I was not saving any money. Fast forward now my car is beyond repair and it is time for a new car now I am struggling with the cc debt as well as car and rent payments; so I decid to move back home. Now every thing is ok, next my car is totaled now every thing is great. Since then (my car accident) I have since paid off debt and have managed to save a couple of thousands dollars. Anyhow starting this month I decided to sock away what I was paying in rent and car payment and I am litterly broke. I have about $120 to last me until my next paycheck (two and half weeks) and my fake car payment will be due along with cable, phone and electric, not to mention the water bill. Eventhough I am pretending, I can't help but wonder what if this is for real? I wouldn't be able it eat. Then I think will I be able to afford a house and everything else that comes along with it? Now I am worried
I am broke
June 4th, 2007 at 03:47 am
June 4th, 2007 at 05:25 am 1180934757
June 4th, 2007 at 06:26 am 1180938366
June 4th, 2007 at 02:01 pm 1180965690
I would also assume you would be making more/be in a better position once you are done with school? I am not sure if I was able to save a dime in school - really tight times. But the whole point was tog out and get a good paying job so I could spend and save more.
June 4th, 2007 at 04:39 pm 1180975184
Basically what I am trying to do is save for a house and a used car at the same time and maybe I should tackle one first before the other; but I figured since I was living at home and really do not pay rent or a car note it would be much easrier. All I need is about $3000 saved for a car, I am at the point in my life where a nice car is not my priority and I would rather pay cash
June 4th, 2007 at 07:52 pm 1180986735
I am a big fan of cash for cars. Never had a car loan. We buy expensive vehicles as well as cheap ones. One of our daughters paid 2 thousand for a 1999 plymouth with only 32,000 miles on it. She has driven it for two years now and has only had to change the oil. She did also pay to have the brakes checked, but didn't need new ones yet.
Unless you have a great interest account or a credit card with zero interest, you need to pay the cc off and not put money into savings. That is costing you money in interest you are paying on the cc.
I would also take a few bucks and give mom and dad a nice card thanking them for letting you move back in!! I am sure you have told them, but a card is physical proof of your thanks.
June 4th, 2007 at 09:58 pm 1180994323
June 4th, 2007 at 10:40 pm 1180996825
June 4th, 2007 at 11:42 pm 1181000560
June 5th, 2007 at 12:34 pm 1181046890
http://www.daveramsey.com/etc/lms/drive_free/
You will need to copy and paste it into your web address area.