Due to some weird job situations, we are pretty much in over our heads in debt. Our expenses are as follows- and FYI we own a house in maine that we are upside down on, and we are currently living with DH's brother in MA (the jobs pay more down here) till we can get out of this mess- which is why we have rent and a mortgage. We want to rent out our house except it needs a roof and a furnace first- and we can't come up with the money to get those...
OK, here is the hard truth: (by the month)
mortgage, taxes, insurance: 885
home equity: 330
rent: 400
car payment: 300
car insurance: 150
credit cards- min pymt: 500
eye surgery payment: 200
daycare: 320
food, utilities (we pay a portion of the electric bill at my BIL's): 200
gas for cars: 200
total: 3485
net income (after health insurance is paid): 3500
We put DD in daycare 2 days a week because it is worth it for me to work on those days to make extra money- and we have nobody else to do it. All of our expenses are things we can't get out of- I spend minimal on food.. can anyone offer any suggestions? Neither my husband nor myself can work more hours because as it is, we work opposite shifts so we can avoid paying more daycare. More hours will mean more expense for daycare... I just don't know what to do. I guess we coudl sell a car but we owe more than it is worth, I believe...
how do I get myself into these messes????? I haven't a crafty bone in my body. I wish I could make and sell something... Thanks for any ideas. I am at my wit's end.
Total:
OK, here is the hard truth: (by the month)
mortgage, taxes, insurance: 885
home equity: 330
rent: 400
car payment: 300
car insurance: 150
credit cards- min pymt: 500
eye surgery payment: 200
daycare: 320
food, utilities (we pay a portion of the electric bill at my BIL's): 200
gas for cars: 200
total: 3485
net income (after health insurance is paid): 3500
We put DD in daycare 2 days a week because it is worth it for me to work on those days to make extra money- and we have nobody else to do it. All of our expenses are things we can't get out of- I spend minimal on food.. can anyone offer any suggestions? Neither my husband nor myself can work more hours because as it is, we work opposite shifts so we can avoid paying more daycare. More hours will mean more expense for daycare... I just don't know what to do. I guess we coudl sell a car but we owe more than it is worth, I believe...
how do I get myself into these messes????? I haven't a crafty bone in my body. I wish I could make and sell something... Thanks for any ideas. I am at my wit's end.
Total: