I decided to do some math today. Even with working full-time at the job I start tomorrow, it will only provide enough to cover my monthly credit card bills and rent. There is still food, gas, car insurance and unforeseen expenses. And I’ve got two maxed cards that are going to be coming out of 0% very soon. Any suggestions besides stop eating?
Popularity: 7% [?]
April 24th, 2007 at 11:04 pm
http://people.tribe.net/d512ad46-4ff3-4155-b096-49d4e9ef048a
April 24th, 2007 at 11:05 pm
like a bank loan? my credit score is still really good because i have flawless credit history. but i’m sure the amount of debt i have in my revolving accounts isn’t all that enticing to lenders. and i have no assets. thought about some kind of consolidating service. i’ve got 7 cards right now and they each take a big chunk of cash monthly. if it could be reduced to one or two payments and if the interest rates were decreased, it would be manageable. also, a high paying job would help. but right now, i’m taking whatever i can get because if i didn’t i’m only a couple months away from opening my check book to chapter 13.
if anybody has experience with this kind of thing or a lead on a high paying job
the input would be greatly appreciated.
April 25th, 2007 at 11:06 pm
screw ‘em!
File for bankruptcy!
A good friend owns a collection agency (her angle was being nice and ethical as a rule) and she told me that the credit card companies already have your bankruptcy figured into their business plan.
Shortly after that I went to a lecture by Catherine Austin Fitts (it was called Money and Magic half the evening was Caroline Casey – the visionary activist astrologer ) and she used to work for HUD (was fired by Bush I and Clinton for rocking the boat). In her lecture she talked about how the financial institutions are run as a criminal enterprise. The banks and the government have business practices that are completely sans integrity. I wanted to file for bankruptcy right then. I eventually did – $33K of debt – poof!
Check out Catherine Austin Fitts, she’s a total hero – http://www.solari.com/ – one of my favorite pages is about the TRILLIONS of dollars which are missing from government agencies like the DOD http://www.solari.com/learn/articles_missingmoney.htm
Don’t worry about your karma in defaulting on the debt – I did at first – but since I filed I’ve had several windfalls (like $10K land in my lap) so I think it’s a non-karma issue. The financial institutions are screwing you – screw them back and they won’t even notice.
April 25th, 2007 at 11:07 pm
chant to Lakshmiyei goddess of abundance
start a chanting practice
108 in the morning and evening for 54 days
write a clear intention to your inner guide
recreate your reality!
utilize your chi to the max
Om shreem kleem maha Lakshmiyei swaha!
(if you don’t havz the focus just chant it while your driving your car~we live in an abundant universe~ we are the only ones that create the seperation from this abundance….)
Buena fuerte!!!
April 25th, 2007 at 11:07 pm
Loan?
Ugg if you get a loan to pay them off you really didn’t acomplish anything…………because the loan will have intrest to pay as well……then you will have one huge bill….and then you will have open credit card with credit…then you are going to use them again and dig yourself deeper
hehe yea right huh
Here is my advice…don’t use them
Good luck my friend
April 25th, 2007 at 11:08 pm
If you need a place to hide, just let me know…
I’ll carve out a rock-hole for ya…
Seriously, though… credit cards?
Never had one…
Nazis won’t tag me, ever…
April 25th, 2007 at 11:08 pm
Not too concerned about the karmic consequences of declaring bankruptcy. I’ve been generous for most of my life and look where it got me. I guess I gave away all my good karma
Joking aside, when I give it is with the sincere wish that it benefits whoever is receiving, and not because of some agenda for karmic dividends.
I actually appreciate having the credit cards… in a way. Considering all of the financial hardships that have happened over the past 3 years, they have kept me afloat up until now and I just need to find a way to pay the suckers down. Today I moved one card with almost 24k on it to a 6 month 0% interest card. That alone will save $300 in interest each month for the next 6 months.
What it boils down to – I need to find a high-paying job soon. If I were making 50k per year that would be enough to cover all of my monthly expenses and would leave some left over to pay extra on the cards. Really, if somebody reads this who is in the tech industry and needs a web developer / customer support / overall tech geek kind of guy please hire me. Even if you aren’t in the tech industry but have a job I’d be qualified for, let me know. You won’t be disappointed.
April 25th, 2007 at 11:09 pm
Have you been making offerings…..
to the One of your personal choice? Chanting. Green Tara is closest to me or I to her. (gawd, I’m being serious…..) Other than that you can join the parade of entertainer’s downtown. I’ll drop some change in your tambourine…..I’m a sucker for a a jig….any sort’ll do, darlin. Or witty double entendre….at which you excell. Wanna borrow my lizard…. for the ever popular pony and lizard show? ~*~ B
April 26th, 2007 at 11:09 pm
file bankruptcy .
April 26th, 2007 at 11:10 pm
maybe i should change my profile to CEO of Bankrupt Inc. if i can get the card, that picture would be worth a thousand words.
April 26th, 2007 at 11:10 pm
And i forgot to say that i’m also in that boat my friend .. my son’s mother is no longer paying me support for my son who is with me 95% of the time (she moved out of state ) …
I am trying to figure out what the hell to do …
Not a pleasant time in my life …
April 26th, 2007 at 11:11 pm
i hope you can find abundance in everything you see in your life right now.
it is my prayer for you that with gratitude you can call to you all that you wish.
if i can do it, so can you.
i was on food stamps last year, changed my attitued, changed my life.
i make a really good living without working.
give the fairies, pixies, angels and guides something to do for you.
ask for what you want and allow it to come to you.
one catch my dear brother…
YOU MUST BELIEVE IT IS POSSIBLE.
love to you
s
April 27th, 2007 at 11:11 pm
2nd vote for the loan…
I agree: Get a loan, pay off the cards. Never use ‘em again. Cash works dandy and you don’t pay an interest rate or fees. Plus change in your pocket makes a little tinkle like music….
Been in the same boat. Never again.
April 28th, 2007 at 11:13 pm
Practical advice? Practical Magic?
I responded to you in a personal message, but as for the public forum, suffice it to say the following:
…you’ve had some good comments so far…but don’t fall into the trap I fell into. I am still paying the price. After a bankruptcy when I was young, I avoided credit cards for over a decade, but in starting a new career, felt a need to re-visit that choice. So I re-establsihed credit and did well at first. I had no debt and excellent credit that got ruined in less than 5 years (bad car loan compounded by high car repari costs. job loss, being immobilized by stress and indecision…etc.).
Good credit is easy to get and hard to have lost. But be warned, once you have so many cards that you are only paying minimum balances, you are already in trouble, the repercussions just have not hit yet. Except that you’ll find it gets hard to go out or do anything because all your cash goes back to bills, and you walk around with only pocket money. When you need cash advances to pay rent or other bills like major and frequent car repairs, you are in it DEEP.
Best to avoid going there. Do not buy anything on credit you would not pay cash for or pay off in full at the end of the month.
~ IF~ what you have is truly an impossible money situation, there are practical steps you can take. Talk to your creditors. Often, they will work with you. Take a free attorney consult to learn the law and your options.
Avoid Consumer Credit Counselors (or any credit counselor program) or middleman –better to work directly with your creditors. Debt consolidation is o.k., as it will rebuild your credit sooner.
If you find yourself down on your luck, this does not mean you are the lone scum-bag deadbeat your creditors may try to make you believe you are. Now, I do not advocate screwing the creditors just because they are corporate, or just because they utilize tactics that will ensure them bad karma. (Who said it was your job to fix their karma? That is presumptuous at least.) And don’t think anyone is exempt from karma. Deliberately maxing out cards with the intent to file for bankruptcy later is unscrupulous. We all have lessons to learn, and while making mistakes or finding ourselves in a difficult situation should not make us feel guilty or ruin our lives, being an opportunist is not the way to go, either. Everyone pays for it in higher interest rates (you didn’t really think they’d take a loss in their profits, now did you?).
Be aware that credit seems to be an unfortunate necessity in this dominant reality paradigm. (Whose reality?). I would love to see our society return to a time when a person was as good as their word. (Before banks and such institutions existed). So don’t let your life get sucked down as mine did. Live more simply by choice and make some conscious adjustments now so you are not forced to later, by circumstance.
Keep your credit, just pay it down, get rid of extra cards, don’t use them for things you can’t afford or would not pay cash for. Emergencies only, or when they are paid off, use to half the limit and pay it off, never max them out. (Having credit cards you don’t use will do nothing for your credit rating, either. Have few, use seldom, use wisely. I wish I’d had some advice when I needed it!
Suze Orman offers the best advice I’ve ever heard of, She is practical but with heart. She says about money: Priorites are: “People first, then things, then money.” She says to pay yourself, not just your creditors, so you always have savings.
Her website: http://www.suzeorman.com/
http://www.myfico.com/
Also check out her book “Young, Fabulous, and Broke”.
Well, yes I do reccommend that you pray or do rituals or whatever gets you in touch with Source and with your own clarity and faith. Know that money is not bad or evil, that intention is everything. Money has an energy as well, and we can learn to work in harmony with it. Best to do that while still in a good state, not from a state of being stressed and in fear, Once cannot manifest from a place of fear. Oh, yes, and have an attitude of gratitude. Periodically take note of all that is well and good in your life: count your blessings. This opens you to more abundacne and to allowing miracles to touch your life in unexpected ways.
May 1st, 2007 at 11:13 pm
Bankrupcy
if you are going to do that, may as welll max out a few more cards first…giggles…JUST KIDDING
May 4th, 2007 at 11:14 pm
don’t listen to Suze Orman
she was the girlfriend of my first spiritual teacher (she’s gay) and stole a bunch of money from her. Sure, Suze Orman is rich, but is she ethical?
Running up the cards just to file is unethical, but filing for bankruptcy because you can’t buy food isn’t.
May 4th, 2007 at 11:14 pm
Going to get myself out of this. I occasionally have work from clients after my job (still not enough to cover monthly expenses yet). And, I’ve got an innovative website I’m launching soon. Hopefully sooner than later, but with web development the devil is in the details. Doing the 9 to 5 for somebody else makes progress slow. I just plug away at it when I get home. I do need a higher paying job in the meantime and no more money-sucking mishaps.
May 10th, 2007 at 11:15 pm
dream and dream big
who knows maybe you have hidden talents that can still provide you with some change in luck.
May 10th, 2007 at 11:15 pm
I could become a surrogate father…
May 27th, 2007 at 11:16 pm
Anything is possible!
From my experience…I was in debt 16,000 plus paying car payments on another debt by the age of 21. I went through Credit Councilors in Sf and got all my credit cards consolidated. They lowered the interest rates while I was in the program and I got to cut up all my cards! So I made one monthly payment and had the debt payed off in 5 years. I could have payed it off sooner, but decided to take a year off from working and live in Mexico (while still making payments on the debt every month). During the time I was able to finance a new car, and had no problems renting houses. I have extremely high credit now and just recently got a credit card…some ten years later. I finally got a card to help me with my new business. All is well and the new debt will be payed off very soon.
Living in Santa Cruz I’ve learned the art of multi-jobs. The more different kinds of the work you can do the better for more opportunities to make money. I also only do work that I love and inspires me. I am self employed and doing well. My best friend gave me the gift of an affirmation….”People lOVE to give me money!” I swear it works…people give and send me money every day, I am prosperous.
Sounds like you love to do web design and tech work, keep following the love. Let me know how much you charge…my salon needs a website.