On 2018-01-19, I am officially out of debt. My last one was a loan that was used to reduce the interest on another debt. I spent my savings to take out the debt and will need to rebuild my savings account, but this should be a bit easier to swallow considering I am not making any other payments.
For my revolving credit, I will make small charges and pay it off immediately. This is to keep my credit score as high as possible in hopes to get a mortgage. Getting a mortgage will be hard considering my income, and Social Security’s rules regarding bank assets, and SSI. Simply put, I am not allowed more than $2,000 in bank assets. A down payment on a $30,000 mortgage will be $6,000 so, therefore, I won’t be able to save a down payment. Continue reading No More Debt
The first two weeks of the month were extremely busy. On the first, I took my prescription down to Rite-Aid to be filled. It would seem as if they wanted to “give company policy” to make me make a special trip the next day to get my prescription. I was considering seeing if there were alternatives, but it will seem as if the anesthesiologist will start submitting my morphine to the pharmacy electronically. I will expect I will still need to provide ID.
Seen my pain psychologist on Wednesday, and went to a community center for the food bank on Friday. These too were in the first week of the month. In addition, on Tuesday of the first week, I went to the pharmacy (again), followed by getting cleats on my shoes, and an appointment for an eye exam and new glasses. It would seem as if my eyes were a bit worse. To make matters worse, not only did I need Transition Lenses (when the lens gets darker in sunlight), but the eye doctor wanted me to have a no glare lens as well. I expected to have a $500 bill, and the bill came to $493. This meant I needed to use a credit card. I got the new glasses on May 12.
Continue reading May 2017
This month could have been a better month, but I made due. A number of things have happened which is probably worth mentioning. Some of these changes will also have an impact on my goal of getting out of debt which will cause some setbacks. Also, someone out of the blue have contacted me which was not expected and finally got an appointment I needed for a few months, but will have to wait on the appointment.
First, for the contacts. My brother as usual will call about once a month, and offer some vague promise of visiting. This month, he called twice with the same vague promise which never happened. This is normal lately. He is also making some choices I would not agree with, but he is his own person, and he knows my opinion. I also received a call for a psychiatrist appointment which will hopefully address some of the severe anxiety issues I have. I won’t see the psychiatrist until the second week of May. I had been in need of a new one since January. Since I am not running around with a shot gun, I guess I am not a priority. A distant family member also got a hold of me by email asking if I had the contact information of my Aunt (Mother’s sister). This is not something I have, and have yet to hear back from her. I would assume as with most of my family, she won’t need of me any longer. Continue reading April 2017
At time of writing this post, I have three debts of $2,650 + Interest, and one debt in collections (which I will detail later in this post). This is a significant improvement from a couple of years ago where I owed nearly $40,000. Needless to say, I have declared war on the money I owe to banks, and other creditors and taking on my financial mistakes with a vengeance.
This however is not without sacrifice. I had to make some serious decisions in my life, and I am sure some people will disagree with my actions, but the ideal is to live meagerly now so I can have a better life later. Some people will want to get out of debt so they can buy a car or a house. I don’t see me having such options available to me. In reality, the idea of owning a place I can call my own is a fantasy rather than a dream. So why am I doing it? Well, first – it is the right thing to do. Second, when I seen a light at the end of the tunnel, I had to make $125 in minimum payments per month to be on good terms with the companies I deal with now. Considering that I live below the poverty line, this is a serious challenge that will never end unless I first fix my life, and second attack my debt with the ferocity it deserves. Continue reading Declaring War on My Debt