Welcome to the team!!! I am still in way over my head when it comes to debt but I seem to be managing the stress well and determining the best solution for us. We owe way to much...
But there is a light at the end of the tunnel and this team has taught me that I do have control in many areas when it comes to my debt. The debt is not fun but I am proud of what I have accomplished thus far! You have done a super job and I hope you have some great ideas to share with us.
Yesterday we got a monthly bill for a very small school loan we are paying on, the interest went down from 8% to 5%...I was thrilled because now it means any extra that I pay will help pay down the actual loan and less of the interest. This isn't your typical school loan which is why the interest is a bit higher. We have managed to get much of our c/c debt on low interest loans on our own so that feels great! But we are both unemployed at the moment, due to lay offs and are stuck paying the minimum again...wish us luck, we are going to need it. I'm on my way now to the library to seek out David Ramsey's books and continue to work on this debt of ours. Oy Vay!
The only thing you can change is yourself, but sometimes that changes everything.
| Pounds lost: 77.5