Looking to for advice to stop snowballing debt.
Good afternoon Reddit!
I’d like to start off by saying I have been terrible with money for years. I’m 24, about to be married, and making about $2000 a month (She makes about $1700/month). I don’t parents anymore, and when they were around they were terrible with money as well. Recently got back on my ADHD medication along with others that have help me turn my life around. I have been following a strict budget and map out my finances and month in advance, to the best of my abilities. I will provide a total break down of expenses.
I’m looking for the best way to tackle my debt and some future advice that you may see fit to give me.
Rent: 850 My Credit Cards: Best Buy: $972 15% Kay’s: $732 16% Care Credit: $842 12% Lowes: $3732 24% (this one is killing me) Academy: $250 14% JC Penny: $1400 16% Chase: $1700 12% Geico: $81
Notes: No car payments. Fully paid 2015, worth about $6000
Obviously I’m looking for a higher paying job. Looking to go from $13.5/hr to $18+/hr I live in a low income, rural Texas.
No savings or other forms of income, yet.
Im trying not to use any of my cards. I will have to continue using CareCredit due to necessary dental work. However, my other cards are cut in half in a binder. (I saw something on tiktok about people who have a hard time controlling their spending)
We’re wanting to start a family in the near future and hope/want to get her a newer car that’s not falling to pieces.
Would appreciate any advice on how to consolidate or work towards eliminating my debt. Would also tip for any thoughtful responses.
Posted Jan 4, 2023, 6:15 PM UTC