Hello, I am a married woman with three children. We have been married for 20 years. For the last 19 years, I was responsible for bill paying and budgeting with our income and I never did a good job.
For the last year, my husband and I have divided the bills (he pays some and I pay some). The problem is that I never have enough money to pay all the bills I am supposed to pay plus money for everyday living for myself and the family.
I don’t tell my husband about this because he gets upset when I don’t have enough money to pay everything. So to be able to pay everything plus buy groceries and clothing for the kids, I have been getting payday loans.
My husband bailed me out a few months ago but I am right back where I was then and it seems to be getting worse. I know that I have a problem and that I should tell him of my situation again but I can’t handle the emotional outburst that will occur.
I am currently seing a counselor for many things including this area. Right now, I just need to know how I can get out of this payday loan hell, get on a budget and stop being so emotionally tied to money and the lack of it.
I have about $5000 in payday loans. I have been getting more payday loans to pay the interest on the other payday loans and it is getting worse everyday. I only get paid once a month as does my husband. It is now the 10th of the month and I have no money left for the month and neither does he.
I don’t know how to feed my family and pay the rest of the bills without getting more loans but I know it is a mistake to do so. I have been trying to find part-time employment but have not been successful. I have also tried to find work on the internet but most everything I have found is a scam.
I feel like if I could just find someone that would give me a loan to cover all the payday loans and enough to cover my expenses for the month, I could get back on track and make one monthly payment instead of several hundred dollars worth of interest payments. It seems when I have been able to get a loan (such as Citifinancial) they don’t allow me to have quite enough to cover everything so I still have to figure out a way to get money to cover what the loan didn’t cover.
What can I do to get out of this mess quickly?
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Citifinancial Cheerfully Lends Me Money But Now I'm So Far in Debt I Can't Get Out. - Melanie by Steve Rhode