So much debt… please help
My partner and I are in our mid 30s. Between the two of us, we have about $66,000 in credit card debt, $9,000 in student loans, and $30,000 in other loans (cars, necessary home fixes, etc). Our rent is $3,000 a month and daycare is about $1,500 a month. We are in such a hole and don’t know how to get out of it. We’re too embarrassed to talk to friends and family about it and don’t know what to do. We feel so behind our peers and have no savings and don’t want to empty our small retirement funds but think we might have to. Do you have any advice to help us out of our hole? Thank you
Terry Says
Yes, you need trusted advice. And you’re not alone.
First, please read this article featured prominently on the home page of my website: https://www.terrysavage.com/dealing-with-debt-in-the-new-year/
Then call the National Foundation for Credit Counseling at 800-388-2227. That will connect you to the nearest partner agency of this non-profit. Set up a meeting. And please write back and let me know what they recommend!
