I am a single mom making about $20hr in MA which is chump change. I get paid every twice a month and my first check barely pays all my bills and the second one goes completely towards my rent with about $50 left for 2 weeks until next pay. Like I said I am a single mom. I was receiving financial aid for my daughter in prek and this year I do not qualify based on my income. It sucks that expenses are not taken into consideration as well as after tax take home pay. about $750 is taken out of my check monthly for taxes, insurance and retirement. Like I said I basically have on check for the month.. my daughters school is 600 a month, my utilities are $300 a month not including my car note and millions of student loans.. I see now why some people commit suicide based on inability to pay bills. I am so behind on all my loans and defaulted and behind in my car note. There is no way I can pay and keep up with anything and I feel like its best to move in with my mother and file bankruptcy only problem is that I left my moms house/state because I could not find a job for 2yrs. I have a degree in finance and that is not taking me anywhere. I graduateed 2 yrs ago and still cant secure a promising career. I want to go for nursing so that I can be guaranteed good income for myself but I am dreading moving back home and going back to school.
I am in tears as I write this because I have no idea what to do. I was summons to court because one of my student loan lenders filed suit. Now I have to pay $500 a month for it. Its really bad for me and would appreciate all the answers I can get.
Asked by Anonymous at 10:23 PM on Jun. 6, 2011 in Money & Work
Answer by Camilletnt at 10:26 PM on Jun. 6, 2011
Answer by Anonymous at 10:31 PM on Jun. 6, 2011
Answer by mommyofone15 at 10:32 PM on Jun. 6, 2011
Answer by Anonymous at 10:37 PM on Jun. 6, 2011
Answer by nepenthe429 at 10:37 PM on Jun. 6, 2011
Answer by Candi1024 at 8:51 AM on Jun. 7, 2011
Answer by gdiamante at 4:53 PM on Jun. 7, 2011