It definitely can be rough seeing people having fun and seemingly not worrying about any debt, but likely they are simply ignoring their debt or putting vacations on credit cards.
Good Morning Mandy. Your not alone, remember to take things 1 day at a time. Change your habits, you will change your life. Sometimes things happen that we cannot help. First things first, save $1000 for ER. Then start on debt but until you have that $1000 dollars pay the minimums on your debt just till then. Also, find like minded friends that can really be your support system. Don't compare yourself and your journey to others. Your and individual and unique. You got this, we are here to stand behind you.
Thank you. I do have the $1,000 but I find myself constantly afraid to use it if that makes sense. I feel like if I use it for one situation, im going to need it again before I have time to build it back up. It’s definitely a personal battle that I need to work on! Thanks for being here!!!
Hi Mandy! New supporter here. Looking forward to following your journey. My thoughts are: Keep your savings and pay with your income. Ask for a pay plan for the therapist. No interest accumulating and it was on them to not bill you. You got support here. Be easy on yourself. Debt happens, but we’re here to change that one bill at a time.
Hey Mandy, there are a lot of great comments here. Definitely pay around with a budget and see what works with you. What works for others may not work for you. Change doesn’t happen immediately, so take it a day at a time. I would suggest that you pay your minimums for a month or two while you try to figure out a plan. That way you feel confident in your decision. As others said, don’t compare your journey with others. Best of luck and I’ll be following along.
Doing very rough numbers, assuming the due date on the balance transfer is next summer (12 months from now) then you have 12 months to pay @$5000 which (5000/12) comes out to about $416/ month for 12 months. I would put it before the car loan because when that interest hits, it will be more than the car loan's interest both in terms of dollars added to the balance owing and the interest percent going foreward.
I should have the car and the balance transfer paid off before the interest free period is over but I will definitely prioritize the balance transfer if I had to choose!! Definitely do not want to pay any interest on that one
I would make monthly payment arrangements on the therapist bill and also Care Credit of the lowest amount they would give me. Then, ild be putting all the money possible on the Balance Transfer until it is paid or a safe amount towards being paid in time.
I definitely support getting on payment plans for the therapist bill and care credit. I've done this before, and it's no interest and very little hassle. As long as you can show that you can make regular payments, the medical billing people are generally happy.
Great video, thank you for sharing! From what I can see, you are doing a really good job! You should be very proud of how hard you work and how concious you are about your finances. The stress might be coming from "attachment to outcome". I don't have debt, but I've experienced this stress on a weight loss journey. I set a goal of loosing X amount by X date and the inner pressure was affecting me. Then a trainer suggested to let go of the outcome and just focus on the day to day. A certain amout of calories and a certain amount of workouts to stick to. The stress lessend when I only focused on that. And I reached my goal in a more peacful way. Maybe that will help. I don't know.
I think you may be right! I have this big goal that I want to reach with everything in me and I need to understand that there is a process to get there. Thank you!
@@mandysaves4924 I also would like to suggest more "softness". I think that will help. You are incredibly hard on yourself. Being more gentle might also lessen the stress. Imagen if a beloved friend or a sister was in that place. You would be much more loving to her than you are to yourself. Examples of softness: - Acceptance that you can't control expenses for your husband's health or your cat's health or your car's "health" - Allowing yourself not to save for/pay for absolutely everything right now. If you miss out on something - like an event, trip, purchase - than that is ok, even though other people can afford it. - Forgiveness for any past decisions you made with the information you had back then, even if you know better now. - Allowing the deadline of 2028 to possibly not be achievable and still not beating yourself up about it. Also - I've followed enough of these debt free journeys to know which one are highly likely to succeed. You are definitely one of them. Wishing you all the best! Love from Sweden
@@mandysaves4924I also would like to suggest more "softness". I think that will help. You are incredibly hard on yourself. Being more gentle might lessen the stress. Imagen if a beloved friend or a sister was in that place. You would be much more loving to her than you are to yourself. Examples of softness: - Acceptance that you can't control expenses for your husband's health or your cat's health or your car's "health" - Allowing yourself not to save for/pay for absolutely everything right now. If you miss out on something - like an event, trip, purchase - than that is ok, even though other people can afford it. - Forgiveness for any past decisions you made with the information you had back then, even if you know better now. - Allowing the deadline of 2028 to possibly not be achievable and still not beating yourself up about it. Also - I've followed enough of these debt free journeys to know which one are highly likely to succeed. You are definitely one of them! Wishing you all the best ❤ Love from Sweden
Just take it a day at a time. For yourself list out everything you need to pay for or might have to pay for , even if you are only putting a fiver in an envelope for something that might happen. Every penny/cent from our wages is allocated , trying to cover everything but sometimes things come up and that’s life, give yourself a break.
Ypu can pay the therapy bill in full by about the end of the month/ a kiss into the next month? Ild say keep your savings and pay out of your income stream.
You are focusing on debt only. That is only one side of the equation. What is your total income?? What are your total expenses?? Do you have unnecessary spending that can be changed?? Can you and your husband work an extra evening a week for extra cash?? Just thoughts
It definitely can be rough seeing people having fun and seemingly not worrying about any debt, but likely they are simply ignoring their debt or putting vacations on credit cards.
I need to keep reminding myself this! I have different goals for my life than they do and I need to keep my eye on the prize 🥰
True that how I feel
Good Morning Mandy. Your not alone, remember to take things 1 day at a time. Change your habits, you will change your life. Sometimes things happen that we cannot help. First things first, save $1000 for ER. Then start on debt but until you have that $1000 dollars pay the minimums on your debt just till then. Also, find like minded friends that can really be your support system. Don't compare yourself and your journey to others. Your and individual and unique. You got this, we are here to stand behind you.
Thank you. I do have the $1,000 but I find myself constantly afraid to use it if that makes sense. I feel like if I use it for one situation, im going to need it again before I have time to build it back up. It’s definitely a personal battle that I need to work on! Thanks for being here!!!
Hi Mandy! New supporter here. Looking forward to following your journey. My thoughts are: Keep your savings and pay with your income. Ask for a pay plan for the therapist. No interest accumulating and it was on them to not bill you. You got support here. Be easy on yourself. Debt happens, but we’re here to change that one bill at a time.
Great job ❤ you are doing a great job just remember small steps are still steps.
Thank you ❤️
Hey Mandy, there are a lot of great comments here. Definitely pay around with a budget and see what works with you. What works for others may not work for you. Change doesn’t happen immediately, so take it a day at a time. I would suggest that you pay your minimums for a month or two while you try to figure out a plan. That way you feel confident in your decision. As others said, don’t compare your journey with others. Best of luck and I’ll be following along.
Doing very rough numbers, assuming the due date on the balance transfer is next summer (12 months from now) then you have 12 months to pay @$5000 which (5000/12) comes out to about $416/ month for 12 months. I would put it before the car loan because when that interest hits, it will be more than the car loan's interest both in terms of dollars added to the balance owing and the interest percent going foreward.
I should have the car and the balance transfer paid off before the interest free period is over but I will definitely prioritize the balance transfer if I had to choose!! Definitely do not want to pay any interest on that one
Keep your head up!! You have got this❤
@@outofdebtwithlex thank you!! ❤️
New subscriber! 🎉 Looking forward to following along! 💗🌸
Thank you for being here!
I would make monthly payment arrangements on the therapist bill and also Care Credit of the lowest amount they would give me. Then, ild be putting all the money possible on the Balance Transfer until it is paid or a safe amount towards being paid in time.
I definitely support getting on payment plans for the therapist bill and care credit. I've done this before, and it's no interest and very little hassle. As long as you can show that you can make regular payments, the medical billing people are generally happy.
You have received a lot of great information here. Life and debt happen, read your comments and see what resonates with you. ❤
Great video, thank you for sharing!
From what I can see, you are doing a really good job! You should be very proud of how hard you work and how concious you are about your finances.
The stress might be coming from "attachment to outcome". I don't have debt, but I've experienced this stress on a weight loss journey. I set a goal of loosing X amount by X date and the inner pressure was affecting me. Then a trainer suggested to let go of the outcome and just focus on the day to day. A certain amout of calories and a certain amount of workouts to stick to. The stress lessend when I only focused on that. And I reached my goal in a more peacful way. Maybe that will help. I don't know.
I think you may be right! I have this big goal that I want to reach with everything in me and I need to understand that there is a process to get there. Thank you!
@@mandysaves4924 I also would like to suggest more "softness". I think that will help. You are incredibly hard on yourself. Being more gentle might also lessen the stress. Imagen if a beloved friend or a sister was in that place. You would be much more loving to her than you are to yourself.
Examples of softness:
- Acceptance that you can't control expenses for your husband's health or your cat's health or your car's "health"
- Allowing yourself not to save for/pay for absolutely everything right now. If you miss out on something - like an event, trip, purchase - than that is ok, even though other people can afford it.
- Forgiveness for any past decisions you made with the information you had back then, even if you know better now.
- Allowing the deadline of 2028 to possibly not be achievable and still not beating yourself up about it.
Also - I've followed enough of these debt free journeys to know which one are highly likely to succeed. You are definitely one of them. Wishing you all the best! Love from Sweden
@@mandysaves4924I also would like to suggest more "softness". I think that will help. You are incredibly hard on yourself. Being more gentle might lessen the stress. Imagen if a beloved friend or a sister was in that place. You would be much more loving to her than you are to yourself.
Examples of softness:
- Acceptance that you can't control expenses for your husband's health or your cat's health or your car's "health"
- Allowing yourself not to save for/pay for absolutely everything right now. If you miss out on something - like an event, trip, purchase - than that is ok, even though other people can afford it.
- Forgiveness for any past decisions you made with the information you had back then, even if you know better now.
- Allowing the deadline of 2028 to possibly not be achievable and still not beating yourself up about it.
Also - I've followed enough of these debt free journeys to know which one are highly likely to succeed. You are definitely one of them! Wishing you all the best ❤ Love from Sweden
Just take it a day at a time. For yourself list out everything you need to pay for or might have to pay for , even if you are only putting a fiver in an envelope for something that might happen. Every penny/cent from our wages is allocated , trying to cover everything but sometimes things come up and that’s life, give yourself a break.
Thank you!
What does your budget look like ?
Ypu can pay the therapy bill in full by about the end of the month/ a kiss into the next month? Ild say keep your savings and pay out of your income stream.
Good call. I can have that paid in the next couple of weeks so I will do that instead of taking it from savings. Thanks!!
You are focusing on debt only. That is only one side of the equation. What is your total income?? What are your total expenses?? Do you have unnecessary spending that can be changed?? Can you and your husband work an extra evening a week for extra cash?? Just thoughts