I am new here. I am 27 and married with 2 small children. My husband who is 27 also, is disabled and receiving Social Security Supplemental Income (SSI) and Social Security Disablility Income (SSDI). We also receive SSI on my oldest son from a previous marriage. I have recently been diagnoised with Fibromyalgia and my condition has caused me to be unable to obtain employment. I have applied to Social security but was denied and went through the appeal processes and was denied again and again. I will be contacting an attorney to help me get my disability. We also are suppose to receive child support monthly but its never paid on time. We are currently $63K in debt but are slowly working our way out. I went through a CC at one point when I was able to work and was able to pay off approximately 4 Credit Cards and this month I was able to finally pay off my attorney who was nice enough to work with me for the past 5 years to pay off that debt. It definately feels great with each new bill that is paid off. I am trying to use the snowball affect on our debts but with such limited income it is hard so I work on one bill at a time. It’s all I can do. We have cut all the corners we can and I am currently in the process of tracking where what little money we get goes. When you only get $1048.66 a month and you are suppose to get $1272.66 a month it makes things a lot tighter.
We are on section 8 housing which definately helps a lot with the rent, and we receive food stamps which help but not the greatest (we get $164 a month for a family of 4). I have also found a list of local groups for food baskets to help with the food as well. Now just to let everyone know we do not have a car payment as the 2 cars we have are paid in full (YEAH!!!) But both are very old. We have a 1991 Geo Storm which has been a great car for us but is way beyond it’s retirement years and a 1994 Chevy Caviler. Both are standards which is fine I don’t mind but with my husband having a difficult time driving a standard anymore it means I have to do most of the driving which is not neccessarily a bad thing but there are days where I just can’t move and if I do the tears are rolling down my face. My parents have been nice enough to sign their 1996 Chevy Astro over to us on one condition, that we carry full coverage on it. Which I understand why they want us to do it but things are already tight enough with just state required coverage. But somehow we will find a way. As for Christmas, well that one is always the hardest but we let the grandparents take care of that. Our boys have 3 sets of grandparents so each of them get something special from Santa to give to the boys and then they provide lots of little stuff as well and place our names on a few of them for the boys.
I do have to admitt that although being in debt and broke all the time is not fun, it has allowed us the opportunity to start teaching our boys about money and how they need to be grateful for what they have and not be gready which surprisingly enough has been easy to teach them.
I will admit I am very strange, as you will see. When I get stressed out I turn to our finances for comfort. (See I told you I was strange. LOL) I will sit down with our budget and find many different ways of getting out of debt. My husband used to pick on me and say I could get anyone out of debt as long as they didn’t need anything extra. LOL I have learned that you have to allow a little fun money every now and then you the burden of debt and finances will weigh you down so much that it becomes very overwhelming. Now, I’m not saying that someone should go out and spend $500 on nothing or unneccesary items. I am just stating that an occational movie or nice dinner out will help an individual as well. Especially when you pay of one or two bills, kind of a celebration or reward for all your hard work and effort to pay off that bill.
Being broke is never easy but it’s nice to know that there is a place that we can come to with people who are in the same boat as us and are looking for help from other peoples experieinces. I’m sorry this post got so long, I have a tendency to ramble on from time to time. I look forward to getting to know all of you and helping to support you mentally and emotionally as we all travel down this road to freedom from debt.
PS please forgive any spelling errors you may come acrossed in any of my posts as my speeling is not always the greatest. The mind goes fast then the fingers. 🙂