Yes, we are crazy. Yes, we are desperate.
Within the past 18 months, my salary was cut in half or worse when I switched jobs. When I was on bed rest while I was pregnant, I only was able to work part time and so that salary was also cut. Also within the past year or two, my husband’s salary was cut in order to save jobs. Add to that our majorly HUGE medical bills and the additional cost for adding Lulu on to our insurance. Oh yeah, AND there isn’t the overtime available that there was a year ago. So, I would say that we have been living on about a third or less of what we had two years ago.
It has come to our attention that we haven’t been living as if we were cut. So, it’s time for some REALLY deep cuts. The biggest one is my car. Jay suggested this about a year ago but I threw a fit and refused. Yesterday I got to the point that when I looked at the bills and I thought I’d rather die than figure out a way to pay them. Then I decided that we should be irresponsible and file for bankruptcy. Then I decided that we HAD to get rid of my car. So instead of dying or filing for bankruptcy I’ve decided to sell my car to pay it off.
Being rid of my car would eliminate my car payment, gas, maintenance, taxes, registration and insurance. I know that other transportation costs will surface now but this is the best plan I can come up with. With this we will recoup almost one entire paycheck each month.
How is this going to work? Not easily. But I’m committing to going without a car for three months. And hopefully at that time I will be able to pay cash for a smaller, older, used car. Until then, we will pay off as many bills as possible and I will rely on friends, family and taxis. This won’t start until February or March but we’re working out all of the logistics now.
So, can you give me ride? I’ll pay for gas…