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Tag Archives: out of money

Lost Job, Reduced Income, Medical Bills and We’ve Depleted Our Savings. – Shelly

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“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 right now, hopefully he will ... Read More »

Out of Money and In Debt: Tips, Tricks and Traps

Out of Money and In Debt

Let’s face it, we live in uncertain economic times. Today, people are worried about just getting by and also about what to do when they are caught in debt but out of money. Let’s explore some different money tricks and traps we can use to fight back against debt. Out of Money If you’ve found yourself out of money and ... Read More »

I’ve Been Out of Work For a Year and I’m Running Out of Cash. – Linda

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Linda “Dear Steve, I have been out of work for almost a year. All of my credit cards have been used to live on, and all my cash used to pay them. I am now coming to the end of the cash, and still no job offers. I never dreamed it would come to this, because i was always able ... Read More »

My Credit Card Company Treated Me Like Crap And Told Me to Go Bankrupt. – Marissa

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Marissa “Dear Steve, 3 1/2 yrs divorced, had stellar credit, (lowest score was 794) bought condo just before market peak and put $45k cash down, salary has continually decreased since by 10% total in addition to losing bonuses, paid expenses, and 401k, work hours also have shortened and are unpredictable. $10,000+ in assessments since house purchase, condo dues have more ... Read More »

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