It astounds me that anyone follows these plans to the letter. Like they are the Bible. there are many plans (Ramsey, your money or your life, mr money mustache) all of which disagree with each other in the finer points.
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It astounds me that anyone follows these plans to the letter. Like they are the Bible. there are many plans (Ramsey, your money or your life, mr money mustache) all of which disagree with each other in the finer points.
Ultralight, you are not in a bad position. From reading this thread, my perception is that you need to build up not only an emergency fund, but also funds to cover Harlan’s vet bills, car repair and maintenance etc. If you choose to continue your work with the Federal Government and receive the $10,000 per year debt forgiveness that is okay. Debt reduction is a lot of steps, sometimes it steps backwards and other times it is a leap(s) forward. You just need to focus on what you want and do it.
FYI my wife and I have been totally debt free forever 20 years long before I heard of Dave Ramsey. I did proctor two classes of classes for a church that we used to attend in order to help out. If you want to follow his baby steps to the “T” that is fine, if you want to modify that is fine too. All I tell people, if they ask, is that with each dollar of debt you get rid of, your options and opportunities in life grow exponentially.
Good luck.
UL, what is critical is to make a plan you can live with and DO IT strictly. 1 wayward move leads to another and you're off and running again!
U.L. your life is shorter than you think. Don’t get caught up in anyone else’s idea of what is right and wrong for you. Find yourself a quiet corner and listen to what you think is right and follow your heart on it. What others think, is quite irrelevant.
I appreciate the kind words.
I am keeping an exception: Travelin'. So I have a separate "account" to save up for a trip or two a year.
We’re in Carson City for a few days visiting our son. A simple vacation, just seeing things in the area and catching up with our son and resting. But it’s so important. It’s been a very busy 3 months at work since we spent a week with our daughter in Toronto. It’s high time for a break.
Vacations are very important. Otherwise we easily become robots of productivity and then our life is too soon gone.
UL, check out this thread on the MMM site where a guy is talking about dumping his girlfriend because she has $200,000 in student loans and that came as a surprise to him.
https://forum.mrmoneymustache.com/as...student-loans/
meh my bf has student loans, they are his though. Since we've known each other at one point he was unemployed, heaven knows I've been unemployed. We've both switched jobs. He's worked 10 hour days and 6 days a week at one job, then constantly is on the edge of getting in trouble at the other due to impossible demands. I've worked in a bullying workplace and paid for it. If it was a marriage it would be "for richer and for poorer - with way way more of the poorer part .... maybe mostly that ...".
Would those people upset she hid the loans be upset if she instead had tons in the bank and hid it, or would it just be protection from golddiggers in that case ... (yea they could come in either sex). I kinda think that is just protection from golddiggers. She earns a decent salary of course, and in a field that is probably really steady long term (non-profit work), but not worth 200k debt.
Thanks for the link. I would say: Kick her to the curb!Quote:
Originally Posted by iris lilies
She lied and she is a massive financial liability.
Her case is much different than mine. I am completely open about my finances -- not just to prospective romantic partners but to virtually anyone. I make $49k. I own $165k in student loans. Etc.
I also do not drive a Nissan Rouge (whatever that is...). I did not even know Nissan made luxury cars. My Nissan Versa was about $16k and it is paid for.
I am roughly 3.5 years into the student loan forgiveness program. She is 6 months in with a portion of her loans.
I would also say that this idea of "Get a higher paying job! And then pay it off fast!" makes me laugh.
Could I land a job that pays a little more than I make now? Maybe. Could I land a job that pays a lot more? This is highly unlikely, if not impossible. I do not have any skills that would make me desirable to high paying employers. And I am dubious that I even have the intellectual capacity or inclination to learn them. I am naturally a liberal arts guy, not a STEM wizard.
I really think that you and your bf should consider moving. You all are in situations that are just horrible. What makes it worth staying there and working around the clock at these painful jobs and then conversely dealing with long bouts of nerve racking unemployment?Quote:
Originally Posted by ApatheticNoMore
Also: If she lied about having tons of cash in the bank that would not put her partner at risk. That is the problem. She exposed him to risk.