My House and Changing Financial Situation
I always thought that if I made what I make (around $78,000 per year) and I had been doing so for years that I'd be financially fit. I can make a lot of excuses for my financial situation and some of them are valid (like my house giving me huge hit after huge hit) but almost all of them can be traced back to my stupid ass decision making. So, I'm using this Spring Break to reset my perspective and try to make better choices.
Since I got a divorce and especially since Silvio left there's been a big question hanging over my head about this house. I want to hold onto the house because I love it. I also could NEVER afford this house if it weren't for the fact that I already own it. Silvio sold me his share of the house for $15,000 that I have 5 years to pay him. Eli gave me his portion of the house in the divorce granted that I keep all the debt and he gets 2 cars. I agreed to that and did it. I had to spend a couple grand on floors and walls for my bedroom after the flood. The flood that was my fault because I'm stupid.
So my current financial situation is looking pretty bad. I don't have my $1,000 emergency fund right now. I'm spending WAY too much money on food which must stop. I'm switching to chicken and rice from now on, period. I'm spending WAY too much money on everything else. That's got to stop.
I'm going to regroup and probably will be posting here frequently about my decisions.
Since I got a divorce and especially since Silvio left there's been a big question hanging over my head about this house. I want to hold onto the house because I love it. I also could NEVER afford this house if it weren't for the fact that I already own it. Silvio sold me his share of the house for $15,000 that I have 5 years to pay him. Eli gave me his portion of the house in the divorce granted that I keep all the debt and he gets 2 cars. I agreed to that and did it. I had to spend a couple grand on floors and walls for my bedroom after the flood. The flood that was my fault because I'm stupid.
So my current financial situation is looking pretty bad. I don't have my $1,000 emergency fund right now. I'm spending WAY too much money on food which must stop. I'm switching to chicken and rice from now on, period. I'm spending WAY too much money on everything else. That's got to stop.
I'm going to regroup and probably will be posting here frequently about my decisions.