I am almost 25 years old and with my childish behavior behind me I have a financial mess to clean up.
My goals are to start a family while being debt free.
I am Canadian (Not sure if that matters) I read your e-book and through the endless links between the lines I decided to check out the website too.
I’ve started a great career but in front of me lies 16,000 of government student loans (That I have let go to the crown), 7600 dollars from a retail reconciliation loan (that I used to pay off my high interest car payments and credit cards), and 1500 dollars on a credit card in collections.
I also believe I have a few hundred dollars in collections from my first year of college 7 years ago.
My question is, where do I start?
I know I need to make a budget, but everyone wants so much money that my debt expense over exceeds what I am actually making.
It seems easier just to pay off one thing at a time. I’d almost rather save up one lump sum and make an offer to a creditor to pay a settlement of the amount owed. Im not sure what to do all I know is that they’ve been patient, my credit sucks and I need to do something about it. Hope you can help