How I could survive from my debts?
@mommymakingmoney (42)
Philippines
July 11, 2007 12:36pm CST
everytime that I was almost finish with my debts, there's another circumstances where I will be needing money again. So, my last choice is to loan another amount of money to be paid again... since that there's no more money I was able to save previously due to paying debts with big interest. I have no choice but to borrow money from them, because they easily give money when I needed. This is the reason why I'd like to earn from the internet too and I know soon, I'll be paying off my debts.
Have you been ever been into this kind of situation? then what options did you take?
1 person likes this
2 responses
@asiblossom (85)
• United States
11 Jul 07
Oh yes I have! And over and over again. Being in debt is completely draining!! The interest is a killer and will keep being that way as long as you continue to take out loans. But, I know, you need the money so what is one to do? Do you set up a budget like in excel or something each month? Just wondering because I started doing that. I went to food pantries for food, I prayed and went on prayer sites asking others to pray for me, I only paid what I had and had to tell someone hey, look, all I can give you is $5.00 on this day but I will get there just please bear with me. Then, I stopped completely all loans. Tell God your situation, ask him for his help, believe in your heart 100% that he will help you. You will be surprised at how he will work for you! You will get your debts paid off, you won't have to take out anymore loans, and people will work with you. Then, once caught up, put some in savings even if it is only 5.00 a paycheck. Only buy what you need, eventually, you will be on tract.
1 person likes this
@mommymakingmoney (42)
• Philippines
15 Jul 07
I am amazed on the faith you have. I waas inpired on your spirits. Yeah I'm keep on asking God to help and not to loose hope. It's just sometimes you'll feel upset when you think of your problems...I sometimes gave up when I can't hold on anymore. I sometimes feed up of my weaknesses and need some strength from other people around me and guidance of the lord.
1 person likes this
@simplyshawn (650)
• United States
25 Jul 07
Ohhhh, silly me, I meant to respond to the discussion instead of only to the post above. I hope, mommymakingmoney, that you will be encouraged to eliminate your debt. You can get ahead, but it's going to take some dedication and the decision to do it and a lot of sacrifices. let me know if I can help in any way. YOu can do!