Hi all! Newbie, been lurking awhile
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|Thu, 05-22-2003 - 4:37pm|
I lurk here every now and then and decided that I would go ahead and post. I saw someone post about the Voluntary Simplicity board and have been lurking around there as well. Anyhow, here's my situation. Dh and I are in debt up to our ears. Every now and then I completely stress about whether we will be able to pay our bills, buy food, etc. We have $36,000 of unsecured debt, a $23,000 auto loan, $120,000 mortgage loan, on top of utilities, food, clothing, auto ins, life ins, daycare, and preschool. We don't have cable, we just got rid of our cell phone, and we only have caller id and call notes on our phone (plus long distance - which is only $5 a mo). I use coupons as much as possible and we are able to shop at the commissary which saves us a bundle. My kids are ds-4 1/2 and dd-2 1/2 (still in diapers). Both dh and I work FT and we bring in about $3100.00 a mo. We have tried cutting back on places as much as possible and we are even thinking of getting rid of our new vehicle and buy my sisters (which is only 3yrs old). However, right now we are currently upside down on our new vehicle (we still owe a little more than what the blue book value is on it). Dh wants the kids to go to private school, which is fine with me, however, it's so expensive. Both of them will be going to preschool next yr. Ds has already been one year. Anyway, starting in September we will be paying $200 for preschool and $600 for daycare for both of them.
I am always the one that looks ahead and dh is the one that only sees the present and is not very good at planning ahead. We have been in debt since we've known each other but it's just gotten worse. It started to decline when dh joined the army and then when I moved with him to his duty station I took a $10,000 yr paycut from my job at home to one at our duty station. Well, he is now out and has a decent job and still is in the NG and I have a decent job, but it seems like we are not getting anywhere.
Well, enough of my ramblings.
Thanks all for listening.