Comments on: Egg and Crow

By: smileygirl18

smileygirl18 — Fri, 17 Apr 2009 07:28:47 +0000

That’s a great idea! I’ll definitely do that. Thanks for the idea! And thanks for visiting!

By: Bumbles

Bumbles — Fri, 17 Apr 2009 01:53:22 +0000

Do not get discouraged – any repayment will be welcomed by those you owe – as long as it is consistent and on time. I would focus on the credit cards and loans first as they are the ones that effect your credit rating. Utilities cannot effect your credit rating. And as others have said, finding a budget that is realistic is your goal – it doesn’t make a lot of sense to agree to repayment plans only to find that your earnings can’t support it and then create others. I wrote down the cost of every little thing that I spent money on over the course of 7 days and tallied it up. Then I figured out which categories could be cut out and took out the full sum all at once the beginning of each week, sorted it out into envelopes for each category and kept them at home, where I also left my ATM card. It really made me think twice before spending and allowed me to repay my debts as planned. It took several years but was very liberating.

By: Barbara

Barbara — Wed, 15 Apr 2009 08:05:55 +0000

Oh I am sorry – that’s bad news. Maybe you could sit down with Tom and work through your budget? I think it’s important to get that sorted out so that you know how much you can afford to pay back. Good luck with it all.

By: Kirsten

Kirsten — Wed, 15 Apr 2009 05:16:31 +0000

My dad’s best advice was to budget what I needed for rent/utilities/car payment/food/etc… then add $50 to that which goes into my savings account.

From there, break the rest of the bills (medical bills/credit cards/past due accounts/etc) into what you can afford to pay. Pick the highest interest account and pay the most on that.

Once that major account is paid off, spend the same amount of money on the additional bills, just take what you would pay on the bill you’ve already paid off, and include it in the payment for the next highest interest bill. It snowballs quickly, and before you know it, all your overdues are gone.

By: Sarah @ TM2TS

Sarah @ TM2TS — Wed, 15 Apr 2009 02:27:59 +0000

You need to put it into an account that charges you extra if you remove anything, XD. That might help [if they exist]

By: smileygirl18

smileygirl18 — Wed, 15 Apr 2009 02:11:15 +0000

*snort* That’s going to take a bit to figure out. And I suck at saving for anything! I really do. Thanks for the tips. I’ll keep them in mind.

By: Sarah @ TM2TS

Sarah @ TM2TS — Wed, 15 Apr 2009 02:05:05 +0000

Before you call them, figure out what you can and cannot afford. Figure out your budget. That’ll give you a platform on what to negotiate for.
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Just so you have it in more than just chat logs

Figure out your most important expenses: rent, electric/heating, groceries, gas, and the ones you can’t get out of without huge fines: cellphone, etc.
Then you go from there with how much you have, hopefully keeping a little for emergencies, like gas prices going up, or electric/whatever going up, etc.