They’ve also started buying off-brands instead of name brands. They bundled cable, internet and phone to take a bite out of those bills.
The Munguias’ debt didn’t come on after a job loss or a major purchase. It happened when Brenda was off work for about eight weeks recovering from hand surgery.
QuoteThe Munguias’ debt didn’t come on after a job loss or a major purchase. It happened when Brenda was off work for about eight weeks recovering from hand surgery.$31K -- that was some really expensive hand surgery! (OK, I'm actually skeptical of this claim)
At the end of the day, [a credit card adviser's] best advice is the simplest: “Stop using your credit cards,” she says.Brenda and Rene Munguia are trying to do that. They’ve also started buying off-brands instead of name brands. They bundled cable, internet and phone to take a bite out of those bills.They even refinanced Brenda’s car, extending the loan from four to six years. That lowered the monthly payment by $200.Still, nothing seems to free up enough money to make a difference.
Quote from: slugline on September 21, 2016, 03:25:43 PMQuoteThe Munguias’ debt didn’t come on after a job loss or a major purchase. It happened when Brenda was off work for about eight weeks recovering from hand surgery.$31K -- that was some really expensive hand surgery! (OK, I'm actually skeptical of this claim)Haven't read the article, but I bet that a lot of it was lost wages while recuperating without lowering expenses proportionally.If you live paycheck to paycheck, a lost paycheck really hurts!
Hmmm. How about sell the house with the big yard, get an apartment you can afford until you pay off the debts, then consider buying a house?
And then there's this one: http://stories.kera.org/debt/2016/08/30/musician-deep-in-student-loan-debt-chooses-passion-over-paycheck/
i know tons of musicians that take 9-5s and still teach and play music.
I didn't dream of spreadsheets and presentations when I was a child, but you know what, it pays the bills.
Quote from: vivophoenix on September 22, 2016, 01:11:07 PMi know tons of musicians that take 9-5s and still teach and play music. That would be the responsible thing to do. There's a reason they call it "work" and not "happy fun time".This article reeks of "wanting to eat your cake and have it too". aka wanting a college degree but not wanting to do a job that will pay for said degree.I didn't dream of spreadsheets and presentations when I was a child, but you know what, it pays the bills.
Quote from: cheapass on September 22, 2016, 04:44:38 PMI didn't dream of spreadsheets and presentations when I was a child, but you know what, it pays the bills.I would like to have this framed, Successories-style, and hang in my office. Any thoughts on a photo to accompany it?