A
female
age
30-35,
savedbygrace29
writes:i am having trouble keeping my checking account from going into the negative and i keep running out of money. How can i fix my problem? i also have really bad credit where i can't get a loan or anything because 3 yrs ago i filed for bankruptcy. how can i pay off my debt when i can't get a loan? Reply to this Question |
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female
reader, cupidhelper +, writes (25 September 2007):
why do you have debt if you went bankrupt?
you have new debt-- why should anyone lend you money, you went bankrupt and then got into massive debt 3 years later? a loan won't get you out of debt, it's DEBT.
You need to stop using you credit cards, that way everything you buy is your own money. People buy less junk when it's their own money. (I've had money trouble when I had an operation, so I'm talking from experience, but I don't know the plight of overspending).
Keep a good check book, write down everything. Once you figure your balance, take $100-$300 off the ledger so your balance is always $0 but your bank's version if always $100-$300 over. You'll never bounce another check.
Sell stuff you don't need and use the money for your debt. Live like a monk-- brownbag lunches, no movies, no pizza, no restaurants, learn to cook if you don't or buy only on sale microwave-- every penny must go tawrds your debt.
Once every 6 months, treat yourself to something nice, but within your budget, not using a credit card. every month keep a small price reward: book, zoo on free/discount day, something to make you want to go on.
by the time you're out of debt, these will be life style choice. continue this way, only allowing your 6 month gifts to get a little pricers and you will be SAVING money.
A
female
reader, accused + ♥, writes (21 April 2007):
 Hi first tell me are you going into the negative because of the NSF fee's? or are you writting checks to pay for things knowing that the bank will cover it but in return you are charged NSF'S?
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