So much debt, I think we are screwed! Edit with small update.
It was fine when DH was busy at work but for the last three months it has been super slow. So for the New Year my resolution was to figure out a plan to become debt free.
When I sat down to do the numbers we are $90,000 in CC and loan debt ...not including our mortgage...that is $380,000. FUCK!
I hope he guys busy again soon. The plan is to start with the smallest debts first and pay them off and then snowball it from there, but if he doesn't get busy at work again we are SCREWED.
anyone else been there? Any advice?
UPDATE: so far we have paid off $15,000 in CC debt. We are using the "Snowball" system and should be debt free in 18 months if everything goes according to plan.