re: Debt Debt Debt.

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My weekly budget for food/entertainment/miscellaneous is $750, and last week I went $500 over budget.

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Da frick? There are plenty of fun things to do that cost next to nothing.

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I must have missed the part of the thread where the OP’s intelligence showed

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You didn’t miss that part, it never happened. He’s just your typical dumbfrick consumer

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LSU alum wannabe

How's it going?

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I'd like an update too. Any progress?

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You didn’t miss that part, it never happened. He’s just your typical dumbfrick consumer

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Paying for debt for 5 more years at $1700/mo is costing you in future dollars. Maybe in retirement you'll be regretting the extra $10,000 a year in income your would have from age 60-85 because of it. if you were to save $1700 per month for 5 years at 5% you'd have $112,723 total in savings toward retirement. $112,723 compounded at 5% for 15 years without saving anymore is $234,343. That's about $10,000 a year in income in retirement. I know you live for today so this won't mean much, but you'll think about it when you are living off savings in retirement. It's an albatross, baw.

If you don't know what you are spending, you can't know where to save. Almost every person here said the answer you came to find. Track every dollar. Be woke.

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I would recommend looking up a Dave Ramsey adviser( bring on the downvotes). You and your wife, no offense, sound like the perfect couple for a DR type intervention and program. I don’t know all of your numbers, But 63k isn’t too deep of a whole to climb out, if you start now. I would say a complete overhaul of your financials. Look at every penny of your budget and see if it is necessary.

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I'm glad that you didn't get downvoted, because that's good advice. Assuming the OP's story is truthful, he and his wife seem to have behavior issues at least as much as financial issues.

I wouldn't necessarily take investment advice from Ramsey (because he leans toward a one size fits all strategy for retirement investing, irrespective of age), but in situations like this, I agree that his overall approach to debt reduction is the way to go.

If the OP and his wife will put their heads down, get serious about following a written budget, work every available hour of that "soul crushing overtime" ( ), stay away from scam debt consolidation/reduction programs and don't backslide into the same habits that created this mess, they're really not facing THAT big of a problem.

Even though it's probably going to take three years or so (assuming extra income from OT), if they'll do that and not waffle, look how much better off they'll be... and they'll provide a better financial and emotional foundation for their 8 year old. Like Ramsey says, people need a "why" before they'll get serious. So if their kid's future isn't all that important to them, I guess they'll just kick along and do whatever.

Congrats man. Feels good right?

Dedicate your weekends or week nights if possible to ride share or Uber eat delivery. I have a friend who’s an attorney who does this to knock down student loan debt and does pretty well as a side hustle. He’ll Uber eats a few nights a week when he can and bring home $100+ for 4 hrs or so of work. Granted we are in Nola where there’s more volume then other places. Good luck

You’ve posted here since 2016 and still can’t tell who bumps a post.

Damn you Beam. I’m not editing