That sucks. Hope you can get back on your feet soon. Is it possible for you to take a 2nd PT job? Or even your H? That would really help in making a dent in your bills if you're getting frustrated. I find that every little bit helps when you're trying to save!
I just interviewed for a full-time job and I signed all the papers for my background check so I am just waiting to hear more.. And I have thought about getting a second job but I am not sure because with my current I make pretty decent but being off work hurted me.. And my husband works 12 to 15 hours a day so he doesn't have time for another job. We were good before our wedding but now that we are trying to get back on our feet; its hard.. I spent wayy too much for our wedding lol! But I have no regrets..
I agree with @hoffse, I like my student loans since they put me into a high demand field where I was out of work for less than a month when I got laid off in 2010.
It helps that I also kept my student loans to less than my starting salary. My wife and I also eloped so we kept our costs down. Then her family threw us a party during their normal week long family vacation.
MW and I both agreed that the piece of paper was more important than throwing a party that neither family could afford.
Finally, it sounds like it is more the wedding that put you into trouble instead of your student loans.
Another vote for a part-time job. I have one, and even though I make a decent salary now it's huge for our finances. Even if you get the full-time job, I'd recommend it. Babysitting, retail, etc. are all great.
@wulfar I don't hate my loans, either, because they got me my career. I wonder if it has to do with age/experience/money knowledge at the point of taking them out? I feel like I knew exactly what I was getting into, but it seems like some 18 year olds (or older) are just told to sign on the dotted line without thinking about it (not talking about you OP, just in general) and then are horrified when they realize their debt.
It's not the student loans that are the problem, it's spending too much on the wedding. A wedding is one day, and then it's over. All this nonsense about needing to have a wedding where you "have no regrets" is just ridiculous. Because you ARE regretting the cost.
Student loans are entirely relative - $30,000 is a ton for some people, it's a drop in the bucket for others. But once you've committed yourself to those loans, that's something that you always have to take into account when you want to spend money on other things (like your wedding). Money is a finite resource, and there's only so many ways you can slice the pie before it runs out.
If you said you spent way too much for your wedding...that sounds like a regret to me! If you're that worried about saving back up, you should think about getting another PT job if the new FT job won't cut it...But you said you should make enough with the new job so...failing to see what the problem is. You'll get through it and move on. Just be careful how you spend your future $.
What do you mean you're trying so hard to do this on your own? What alternative is there? If you don't get that FT job, I'd say you should aggressively look for something full time or another PT job. And be more careful in the future about over extending yourself, which it sounds like you've done a few times.
TRYING to do this on your own? Are you expecting someone else to pick up the tab? You do not try, you DO! You need to make a better financial plan that includes savings for the unexpected - it arrives on a regular basis. Have you eliminated eating out, new clothes, and all non essential spending? Keep your Christmas gifts to inexpensive token gifts this year. Track ALL your spending and then see where you can make changes.
*I'm usually pretty blunt with posts and situations like this. So please take note of that.*
1: Don't defer your loans because you're "trying to do this on your own." You know those years of college classes you took? Those cost money. Now it's your responsibility to repay the lender who lent you the money to get that degree.
2: This is why an emergency fund is SO important! Pinch pennies in order to build one up for unexpected expenses.
3: You are married now. Sit down with your now husband and put together a budget. If it works better to combine your finances, then do so.
4: Get the book "Total Money Makeover" by Dave Ramsey or "Smart Couples Finish Rich" by David Bach. Get yourself started off on the right foot in your marriage, and begin making smart decisions with your money.
TTC since 1/13 DX:PCOS 5/13 (long, anovulatory cycles) Clomid 50mg 9/13 = BFP! EDD 6/7/14 M/C 5w6d Found 11/4/13 1/14 PCOS / Gluten Free Diet to hopefully regulate my system. Chemical Pregnancy 03/14 Surprise BFP 6/14, Beta #1: 126 Beta #2: 340 Stick baby, stick! EDD 2/17/15 Riley Elaine born 2/16/15
MW and I both agreed that the piece of paper was more important than throwing a party that neither family could afford.
This. This. This.
I basically was paying for my wedding and my student loans at the exact same time. Same with DH. If buying something for the wedding meant we couldn't afford to pay a bill, it did not get purchased. Plain and simple.
I am completely agreeing with a lot of the other posters' sentiments. If things really are that bad and you want to make a contribution, I'd definitely try to make the multiple jobs option work.
Take it from me--right now, I don't need to have two jobs. But I opted to have both anyway just to save up money in case of any sort of dire emergencies. And it has helped tremendously.
I'm usually pretty blunt with posts and situations like this. So please take note of that.*
1: Don't defer your loans because you're "trying to do this on your own." You know those years of college classes you took? Those cost money. Now it's your responsibility to repay the lender who lent you the money to get that degree.
2: This is why an emergency fund is SO important! Pinch pennies in order to build one up for unexpected expenses.
3: You are married now. Sit down with your now husband and put together a budget. If it works better to combine your finances, then do so.
4: Get the book "Total Money Makeover" by Dave Ramsey or "Smart Couples Finish Rich" by David Bach. Get yourself started off on the right foot in your marriage, and begin making smart decisions with your money.
I never said I was detering my loans. I am paying them because I know that's my job. I am only saying it gets hard!
Seriously? My pet peeve on these boards is when people delete their posts. Why did you delete the post? I assume you didn't hear what you were hoping for?
Excuse me but I can do whatever I like. I read each one of these comments some of the comments helps but the others really don't. I have always been independent and I am not asking for anyone to do anything for me and I am not getting a PT job because I just had a interview in a field where I want to start my career. Also, some you may be blessed enough to get a job in the field you went to college in but I am still looking and applying.. So please just stop commenting I don't need people pulling down on me because everybody goes through things. I was coming here to vent but it will be the last..
And some you need to learn how to talk to people.. If you are coming here to talk to someone or help them be nice about it because you don't have to read it.. Just saying!
Sorry you didn't receive a job in your career field after graduation. A lot of people do not, and that's the risk you take by going to school and getting a degree in a less desired focus. My H has a degree in Business Management, and works at a factory. But you bet your butt that we still pay those $50k in student loans and understand that he has a degree to show from it. Even if he isn't doing what he would love to do right now.
However, you not being willing to get a part time job and overextending your budget to have a "no regrets" wedding just proves that you aren't the least bit willing to do what it takes to get yourself in a better place financially. That is where a lot of people in this post came out and said what you needed to hear. Many of us on this board work part time jobs to re-pay debt. Do we love it? No. Is it in our career field? Not usually. Do we do this on top of our full-time job? Yup. So that is why it was recommended to you. You want to pay off or save more? Then make more and spend less.
Also, please do not delete your original posts from this board. There may have been someone else on here lurking and they are in the same situation as you, and can learn from this post.
TTC since 1/13 DX:PCOS 5/13 (long, anovulatory cycles) Clomid 50mg 9/13 = BFP! EDD 6/7/14 M/C 5w6d Found 11/4/13 1/14 PCOS / Gluten Free Diet to hopefully regulate my system. Chemical Pregnancy 03/14 Surprise BFP 6/14, Beta #1: 126 Beta #2: 340 Stick baby, stick! EDD 2/17/15 Riley Elaine born 2/16/15
I don't think it has anything to do with getting a job in the field you studied. My guess is that most of us here have taken a job at some point that we did not enjoy or is not in the field we want in order to pay bills/get caught up/pay down debt.
I was also saying if you do not get this full time job that you applied for, then my advice is to be very aggressive about finding a full time job or another part time job in order to get caught up (regardless of whether or not it's in the field you prefer).
I can't find anything on this thread that was not nice. Maybe not what you wanted to here, but it was all respectful and polite.
Until recently I had a full and part time job. We needed it to get where we wanted to be and yes it sucked and being twenty two I threw hissy fits in my head that I should be out at the party but the reality is that I chose to get married and be an adult earlier than most people do and this is part of it. Paying back student loans sucks but I am so thankful for H's degree because now that we have gotten ahead I am working one job and he is working one job. We have time together and in the long run four months of stress and 60+ hour weeks was worth it.
Love: March 2010 Marriage: July 2013 Debt Free: October 2014 TTC: May 2015
paying back student loans may suck but it's better than paying off debt that was un-necessary. I could easily be a full time SAHM but I choose to still work in my field because it helps fund our emergency fund and helps us reach goals and I also enjoy it which helps. I want to pull my hair out at times cause I do it without child care. Even when I was working in an office full time I was still teaching part-time to make the extra money.
I don't think people were rude. Financial situations only get better if you're brutally honest with yourself.
Look, I'll be the first to admit there are about 10,000 other things I'd rather spend my money on than my loans. Heck, when H's loans come due, we will probably be paying twice as much toward student loans each month as we will be spending on a mortgage. Seriously. But it's an obligation, and we have tried to take that into account when budgeting our other spending.
If you are a person who would rather spend on luxuries (like a wedding, car, vacation, etc.), that's fine. But all we're saying is to know that about yourself and manage it - either earn more or budget better - because those loans aren't going away.
Re: ...
Thank you!
Thanks ladies..
I just interviewed for a full-time job and I signed all the papers for my background check so I am just waiting to hear more.. And I have thought about getting a second job but I am not sure because with my current I make pretty decent but being off work hurted me.. And my husband works 12 to 15 hours a day so he doesn't have time for another job. We were good before our wedding but now that we are trying to get back on our feet; its hard.. I spent wayy too much for our wedding lol! But I have no regrets..
Thanks again
It helps that I also kept my student loans to less than my starting salary. My wife and I also eloped so we kept our costs down. Then her family threw us a party during their normal week long family vacation.
MW and I both agreed that the piece of paper was more important than throwing a party that neither family could afford.
Finally, it sounds like it is more the wedding that put you into trouble instead of your student loans.
@wulfar I don't hate my loans, either, because they got me my career. I wonder if it has to do with age/experience/money knowledge at the point of taking them out? I feel like I knew exactly what I was getting into, but it seems like some 18 year olds (or older) are just told to sign on the dotted line without thinking about it (not talking about you OP, just in general) and then are horrified when they realize their debt.
You do not try, you DO!
You need to make a better financial plan that includes savings for the unexpected - it arrives on a regular basis.
Have you eliminated eating out, new clothes, and all non essential spending?
Keep your Christmas gifts to inexpensive token gifts this year.
Track ALL your spending and then see where you can make changes.
TTC since 1/13 DX:PCOS 5/13 (long, anovulatory cycles)
Clomid 50mg 9/13 = BFP! EDD 6/7/14 M/C 5w6d Found 11/4/13
1/14 PCOS / Gluten Free Diet to hopefully regulate my system.
Chemical Pregnancy 03/14
Surprise BFP 6/14, Beta #1: 126 Beta #2: 340 Stick baby, stick! EDD 2/17/15
Riley Elaine born 2/16/15
TTC 2.0 6/15
Chemical Pregnancy 9/15
Chemical Pregnancy 6/16
BFP 9/16 EDD 6/3/17
Beta #1: 145 Beta #2: 376 Beta #3: 2,225 Beta #4: 4,548
www.5yearstonever.blogspot.com
Seriously? My pet peeve on these boards is when people delete their posts. Why did you delete the post? I assume you didn't hear what you were hoping for?
Excuse me but I can do whatever I like. I read each one of these comments some of the comments helps but the others really don't. I have always been independent and I am not asking for anyone to do anything for me and I am not getting a PT job because I just had a interview in a field where I want to start my career. Also, some you may be blessed enough to get a job in the field you went to college in but I am still looking and applying.. So please just stop commenting I don't need people pulling down on me because everybody goes through things. I was coming here to vent but it will be the last..
People gave you advice. Great advice actually.
Sorry you didn't receive a job in your career field after graduation. A lot of people do not, and that's the risk you take by going to school and getting a degree in a less desired focus. My H has a degree in Business Management, and works at a factory. But you bet your butt that we still pay those $50k in student loans and understand that he has a degree to show from it. Even if he isn't doing what he would love to do right now.
However, you not being willing to get a part time job and overextending your budget to have a "no regrets" wedding just proves that you aren't the least bit willing to do what it takes to get yourself in a better place financially. That is where a lot of people in this post came out and said what you needed to hear. Many of us on this board work part time jobs to re-pay debt. Do we love it? No. Is it in our career field? Not usually. Do we do this on top of our full-time job? Yup. So that is why it was recommended to you. You want to pay off or save more? Then make more and spend less.
Also, please do not delete your original posts from this board. There may have been someone else on here lurking and they are in the same situation as you, and can learn from this post.
TTC since 1/13 DX:PCOS 5/13 (long, anovulatory cycles)
Clomid 50mg 9/13 = BFP! EDD 6/7/14 M/C 5w6d Found 11/4/13
1/14 PCOS / Gluten Free Diet to hopefully regulate my system.
Chemical Pregnancy 03/14
Surprise BFP 6/14, Beta #1: 126 Beta #2: 340 Stick baby, stick! EDD 2/17/15
Riley Elaine born 2/16/15
TTC 2.0 6/15
Chemical Pregnancy 9/15
Chemical Pregnancy 6/16
BFP 9/16 EDD 6/3/17
Beta #1: 145 Beta #2: 376 Beta #3: 2,225 Beta #4: 4,548
www.5yearstonever.blogspot.com
Okay, you're right! And thank you so much brij2006!!
No more deleting! Thanks everyone!
I don't think it has anything to do with getting a job in the field you studied. My guess is that most of us here have taken a job at some point that we did not enjoy or is not in the field we want in order to pay bills/get caught up/pay down debt.
I was also saying if you do not get this full time job that you applied for, then my advice is to be very aggressive about finding a full time job or another part time job in order to get caught up (regardless of whether or not it's in the field you prefer).
I can't find anything on this thread that was not nice. Maybe not what you wanted to here, but it was all respectful and polite.
Best of luck to you. I hope you get that job.
Paying back student loans sucks but I am so thankful for H's degree because now that we have gotten ahead I am working one job and he is working one job. We have time together and in the long run four months of stress and 60+ hour weeks was worth it.
Love: March 2010 Marriage: July 2013 Debt Free: October 2014 TTC: May 2015