Tag Archives: no savings
- Lost Job, Reduced Income, Medical Bills and We’ve Depleted Our Savings. – Shelly
“Dear Damon, My husband lost his job about 2 years ago, which reduced our income. He has had some medical problems which we were trying to resolve before he got another job. We have about 45k in debt ( not including my student loans)and only about 10k in home equity. Gross salary of approximately 58k [...]
- My Husband and I Are Just Barely Making the Minimum Payments. – Janet
Janet wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- I’m an Older Divorced Woman Who Has Not Been Good With Money. – Valerie
“Dear Steve, I am an older divorced woman in her 50′s who has not been good with money. Now I am caught in the Recession, having lost 3 jobs in 15 months. I finally have a good job/career on the horizon (mid-March of this year), but feel I have made many money mistakes and have [...]
- We Had Excellent Credit But Now We Live Month-To-Month. – Jen
“Dear Steve, We are a young family of four. My husband nets $890 per week. Our mortgage is $362 every week. ($196,000 @ 5.5% 30 year fixed) I do not work but stay home with two little ones… daycare costs prohibit me working. We are swimming in credit card debt. A total of $17,193 from [...]
- I’m Working With a Credit Counseling Group But I’m Broke. – Cat
“Dear Steve, I shared most of it on your post about bankruptcies, DMP, and Debt Settlements. I have not been able to establish an emergency fund. I have no money nor credit obviously for a bankruptcy attorney. I still have about $25,000 in debt to pay (and this does not include a student loan that [...]
- We Are Flat Broke And Need to Drain Our 401(k). – Susan
“Dear Steve, Currently collecting unemployment after being laid off from my job back in Feb 2009. It is exactly enough to pay my rent. My husband’s income is mostly from tips and some side jobs he does. We have very poor credit and our utilities are behind and have no savings. We have 2 children, [...]
- I Am Single, No Savings, 51, and Live Paycheck to Paycheck. – Tamara
This question was submitted to me through the GetOutOfDebt.org site. You can ask a question online here. Because of the volume of submitted questions, I am behind in personally answering every single one. I need your help. I am publishing the question below for you to answer. Please help this person by adding your response [...]
- John Has Questions After Reading My Book “Eliminate Your Debt Like a Pro”
John wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]
- Would It Be Better to Go Bankrupt Now Or Plug Along. – Ann
Ann wrote to me through the GetOutOfDebt.org site and asked the following question. If you have a credit or debt question you’d like to ask just use the online form. I’m happy to help you totally for free. Income from the GetOutOfDebt.org site advertising is used to help alleviate poverty. If you would like to [...]