Tag Archives: living expenses

Kayte Has Drained Her Savings And Can’t Pay The Bills Anymore

Kayte “Dear Steve, My husband and I have roughly $75,000 in credit card debt. Due to the economy, we both have experienced a substantial decrease in our income (i.e., commission based pay). We have exhausted our savings trying to keep up with our mortgage payment, credit card payments, car payments and other cost. We are [...]

My Rent is More Than My Income. – Shatina

“Dear Steve, I’m disabled. I live off $660 monthly. My rent is $625 not including utilities. I can’t even afford to file bankrupt! How do I get out of debt if I can’t even afford to file bankrupt? Shantina”

Debt Problems Are The Same In Indiana As They Are In Ireland

Patrick Bryan, a debt adviser friend of mine from Northern Ireland, and I were chatting recently about the universal nature of debt problems in the world. It became apparent that while we are all told that we live in an interconnected global economy it seems that the consumers of each country continue to suffer in [...]

Crys Writes In And Asks “We’ve Been to Credit Counseling But Should We File For Bankruptcy?”

“Dear Steve Hi! I am a piano teacher, and due the bad economy have very few students, even though I am used to having plenty. We just moved because we could no longer afford where we lived. We gave up our house in a deed in lieu of foreclosure. My husband took a cut in [...]