Help Debts

Posts Tagged ‘amount of money’

I am 24, very happily married with a son who will be 2 in november. We have a two bedroom no basement house that we pay very low rent for, it is not a large home. my husband works in siding full time and i work at the hospital full time. we do not make a large amount of money, and have over k in credit card debt. my mother watches our son for free so there are no daycare costs. we have kept a large sum of the clothes, bottles, toys, etc from when our son was an infant.

now, after the back story, here is my question;

i am dying to have another child. my husband and i only want a total of two children, and i want to get pregnant now with all my heart. whenever i see babies i want to cry because i want to have another so badly. our son is getting bigger now and would be on his way toward his third birthday before another baby would be born. he is potty training now and will be out of diapers by then.

i just need advice/opinions… should i press the issue with my husband and start trying? or just "see what happens" and not be as careful? or should i just shut up and deal with it until we are more financially ready and have a larger home? (which could take 5-10 more years)

help!

Hello again guy’s. I just wanted to share my experience with creditsolutions.com. I called and spoke to someone about my situation. The conversation started out good and went bad within a few minutes. First I was told there was no fee for the service and then it turned into %15 of the monthly payment. Then it was explained to me that my debt wouldn’t be paid off every month by the company, but I would be putting a certain amount of money in a seperate bank account to be saved until credit solutions negotiated (settled) with my debtors. I need a resoltuion asap. If I saved the money myself I wouldn’t need credit solutions. Does anyone know of a lending institution that will lend to someone with fair to good credit? I need a debt consolidation loan, not a settlement, which will reflect negatively on my credit report. I’m very disappointed. Thanks guy’s.

I am in my mid-twenties, and I am attending an expensive university in Southern California to get my Master’s degree in Clinical Psychology.

By the way, please excuse me if I use financial terms incorrectly…I’m really unfamiliar with financial terminology.

I am originally from Canada and am a home-owner in Calgary, Alberta – my parents sold their large house when I was 20 and bought another house for themselves and build a smaller house under my name. I am technically a property owner. They did this so that I could get a substantial loan for university.

My property assessment in 2008 was 6,000 (Canadian funds).

I received a loan of 0,000 (Canadian funds) in October of 2008.

I recently spend a large amount of money (,500 US) to put a family member through alcohol treatment. I realize that is really expensive, but I tell you, it was worth it to see this person sober. However, that was basically 1/3 of my loan.

My schooling is costing around ,000 US for the 2 year Master’s Degree. With rent, utilities, living expenses, plus everything I needed to buy when I moved down here from Canada (furniture, etc), I am running out of money really quickly. I’m working on getting an ,000 (Canadian funds) line-of-credit from a Canadian bank with my parents’ help.

After the economy improves, I would like to sell my house in Calgary (say, within the next 5-7 years) so that I can begin my life debt-free. My parents want me to keep the house so that I can have some sort of collateral/assets (?) in the future. I am arguing that the house is not really "worth" anything because I have loans that are 0,000 + interest. I really don’t want to spend the rest of my life paying off student loans if I don’t have to.

Any advice??

Thank you so much in advance.

~K
The first poster is right, it’s not a student loan. I was mistaken when I said that at the end.

Also, I am renting the property in Calgary for 00 (Canadian), which is around 00 US.

I don’t really anticipate moving back to Calgary. I love Canada and miss it a lot, but I can’t take the winters…lol. It does get warm in Canada, but not as warm as So-Cal!
Also, because I’m here on a student visa, I can’t legally work in the States until I’m finished school, except for working on campus (and I can only work 19.5 hours/week.). I checked and there aren’t any jobs available right now.

To be a Marriage and Family Therapist in California, I need 3000 hours of clinical work experience (which I will most likely be doing for free), so even though I could potentially work on campus, I would like to focus my time on getting my 3000 hours.

Hello,

I’m a student right now and I am going to be starting the 1st of four years getting my PharmD (i’ll be a pharmacist). I currently only work about 3 months out of the year doing sales. The past two years I have made just about 25k/summer. This summer I am projected to make the same amount of money. The other 9 months of the year I just go to school and don’t work. Currently I have no student loans, or any debt for that matter. Pharmacy school is more expense than normal school and I plan on paying about 14k a year for tuition. Generally I pay just over 200/month for rent and utilities. I will be sticking around the same city for at least the next 4 years. I feel as though continuing to rent is a waste of money. My question is weather or not I should take on the student loans and use my cash to pay for a home. Obviously, I would be getting roomates to help cover the cost of this. The homes I’m looking at would be in about the 110k range. I figured a mortgage payment of about 800/month with utilities and whatnot. Is it wise for me to just graduate debt free or should I start taking out loans and get into a house? Any ideas/pointers/advice? Also, if I plan to work throughout the rest of the year from here on out to help pay for things…the only thing is that I will not be able to make the same kind of money. I only do my sales job in the summers( yeah…i’m a door to door salesman, hate me if you wish). So my pay will not be as good but it will be something i figure.

This was long. Sorry. Advice please….thanks

I am seeking some advice regarding what to do in new circumstances I am in, and was not sure where to ask.

In 2006 (at 18) I enrolled on a course reading BSc Politics with Criminology at the University of Salford. I am from Cornwall so Salford was a long way from home and I really failed to get to grips with student life, through entirely my own fault I dug deeper and deeper into two overdrafts and over time two credit cards too.

I was a very distracted student in Salford and failed my first year twice. During the summer following the second year failure I re-thought my plans and also met my girlfriend. My girlfriend was from Plymouth, and with Plymouth being just a short distance from my family in Cornwall I decided I could make a fresh start, concentrate and actually achieve what I knew I could in University. I enrolled in a course studying International Relations with Politics, focusing more on my interests. My new student year started fine with me gaining top marks on my first marked assignment. Outside of University I had found two part time jobs as well.

Things went wrong when I found out that I had entirely misunderstood my moving to Plymouth University, as I thought it would be classed as a transfer but the Student Finance people said it was starting again meaning I had been to University before, leaving me only eligible for 2 years funding, the first year I would have to pay myself.

The first year course fee was £3,150 and even though I tried I could not raise that amount of money and subsequently have been de-registered from university. It has left me very frustrated at my stupidity when I was younger and how it has disabled me so much now.

Currently I have a total of around £2,700 in overdrafts, nearly £1000 on a credit card(managed by payments averaging £20p/m) and a previous credit card debt of £251 being dealt with by Wescott Credit Services. Obviously totaling nearly £4,000. I still have my part time jobs, but one is just a bar job for Plymouth Argyle(meaning only home matches) and one is an agency job usually providing me with just one day a week.

I am stuck with everything even living arrangements as I do not currently have a permanent address, my parents are in Cornwall with no room themselves, and my girlfriends family, who I would opt to stay with, (allowing me to stay with her and in Plymouth) would allow me to stay rent free but currently rely on benefits that would may be complicated by my presence(rent or not). Then of course I am stuck with how to approach the debt issue.

I have heard of a Debt Relief Order, I am unsure on the details of this and whether or not it would be a viable option.

I am sorry for the lengthy question, I thought the more information might be better.

Any help you or anyone you could inform me of passing this onto would be greatly appreciated.

Also, since i originally wrote that, we have found out my girlfriend is pregnant, which sort of complicates matters :-/