Friday, July 13, 2012
this has been a topic on my mind recently. this may focus more on the singles out there than the married or living together couples. but who knows, maybe it will hit you guys too.
being in debt is never any fun. especially when you have important bills to pay such as rent/home owners payments, car payments, phone bills, utilities etc. i mean when do we have the time to pay off the debt we've racked up?
for example: i have an amazing job, make decent money and have great benefits but when it comes to finding a one bedroom apartment in utah for a decent price is beyond ridiculous. it is anywhere from 500-800 depending on what area you want to live in. also trying to find a roommate can be impossible. that rent money that you spend every month could be used to apply to your debt and you could be out of it in no time. my only problem, my parents are in between houses and so i'm kind of stuck in a sticky situation.
you of course have to break up your paycheck into the necessities such as groceries, gas, and the minimum payments due. then you have your rent, utilities etc. if you're going through anything like what i am, you see your paycheck dwindle within the first few days of getting it. you don't have extra money to go out and do anything or have time to put money in savings because you have to make those payments.
i've looked into a second job to see if maybe the extra income would help, but at the same time i have a puppy at home who needs love and attention. and lets face it, when you have no money to go out and do stuff, your life results in spending almost every night inside so that you don't have to be tempted to go out and spend money on things you really don't need.
i'm in my lease for another two and a half months and i'm in kind of a pickle. i'm tired of living paycheck to paycheck and i don't know what the best situation would be to make the extra cash. i could go back to serving, but i think i'd rather have a bar tending job. you wouldn't even believe how much bar tenders can rake in, unless you've been one.
so i suppose the point of this post is to ask your opinion. what is the best way you find yourself getting out of debt within the means of your paychecks and bills? i've read a couple different stories but i'm not sure if i could do it, or maybe i'm too afraid to try?
last time i was in debt, i moved back in with my parents and used almost every single paycheck to pay off all of my debt. once it was all cleared up i was able to put money in savings and have money left over. somewhere over the last few years i've lost that ability and i need to get back into that.
any suggestions? they would be greatly appreciated! or maybe you could tell me one of your stories to give me inspiration.
mk thanks. have a great weekend peeps.