Colorado Nesties
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Money Matters Help
I posted on the Money Matters board, but thought I'd try my local board as well.
http://community.thenest.com/cs/ks/forums/thread/61655810.aspx
Anyone on this board go through money problems? I think bankruptcy is right now the best option for me, as much as I hate it.
Any advice? Or anyone you recommend to go to?
Re: Money Matters Help
Check out www.nfcc.org to find a credit counselor. They can advise you on the best option for you - debt management program, bankruptcy, or working to pay it all off on your own.
I'm currently in a debt management program with a company I found through that site. Personally, I didn't see bankruptcy as an option - I racked up the debt, I intended to pay it off. And I am. I'm almost done, in fact. They do help, you have HAVE to be disciplined enough to get through it.
Katie Talks About...
Ditto the debt counseling.
Would it be possible to move in with friends or family and rent out the condo for 6 months or a year? That would cut a lot out. I'd also look into cutting back your phone and cable / internet. You could ditch cable all together and get Hulu Plus (which is super cheap) and drop data on your phone. Being tight on money sucks - especially when you feel there's no way out. I'm sorry you're dealing with this. If you can move in with someone that would help a lot. Then you can focus first on paying off the cards with highest interest and work down from there.
Katie Talks About...
Check out www.nfcc.org to find a credit counselor. They can advise you on the best option for you - debt management program, bankruptcy, or working to pay it all off on your own.
I'm currently in a debt management program with a company I found through that site. Personally, I didn't see bankruptcy as an option - I racked up the debt, I intended to pay it off. And I am. I'm almost done, in fact. They do help, you have HAVE to be disciplined enough to get through it.
It isn't an option to move in with friends or family otherwise I would. I'm going to cut out my cable this week and see about cutting out my internet all together to, but I do work from home on occasion and that is necessary to do so.
I don't qualify for a 0% card right now
I have tried calling several times with no luck on lowering my interest rates. Maybe thats something that a credit counselor can help me with.
I started with roughly 70k 3.5 years ago, and I'm down to 10k with about 6 months left. It's totally changed the way I look at money. Not having much left after the debt payment each month will do that!
I don't spend on frivolous things anymore (though some would call my smartphone frivolous, but it's my only real splurge), and I have a plan for all that "extra" money we'll have left over each month after we're done.
They've got counselors who can help, along with tons of info on the website. I use Money Management International www.moneymanagement.org.
It's been hard, but it's been worth it. My credit was tanked when I started, and while I haven't looked at my score since I started (haven't wanted to), and haven't seen my credit report in a while, I know it's getting better. Each month that I make that payment, my debt reduces and my credit gets better. I have an end in sight (June), and I'm so proud of myself for doing this.
Let me know if you have any more questions. I'm totally open about this and don't mind talking about it at all.
Wow! I guess mine isn't alot compared to others but still. Was yours credit and store cards or other forms of debt?
That's the frustrating part to me within the last year or so. I realize and understand my money, where it should go, and how I should be spending/saving it. I believe I am a money conscious person since I realized how in debt I was and am not a frivolous spender at all. I have an iphone as well, and don't think I can bare to give it up.
The other frustrating part is not having, well not wanting to talk to people close to me about it. To me its still this huge looming problem thats drowning me.
Mine was all credit cards (store cards and Visa/Mastercard). I was insanely stupid with money for a long time. I've definitely learned my lesson!
I don't tell many people IRL about this, other than "I've got debt I'm working on paying off." I share on here because there's a bit of anonymity. (Though I've met a lot of people here, and am FB friends with them.)
I think if you realize the situation you're in, and want to work towards fixing it, you're already on the right path. I highly suggest speaking to a credit counselor before assuming that bankruptcy is your only/best option. They'll be able to guide you in the right direction.
Good luck! It's tough to get out from under a mountain of debt, but it's so worth it when you do.