Permanent Temp Dealing with Debt

Today I got a little bit of extra money which I was able to use to pay off my last medical bill from all the appointments and the rest went toward the first big payment I've made on the credit card in a while!

It's pretty exciting. My next check will be a little short due to time missed for work but I'll see what I can do. I'm thinking I'll get at least two more paychecks out of my contract job if not more and in that time if I'm lucky I'm be able to pay if off while also rebuilding my emergency fund.

I was dreading paying off the card but now that the momentum has started I'm just excited to see it going in that direction and the debt melting away. Maybe if I'm super lucky I'll get picked up for something else sooner rather than later and then I can pay something else off.

Well its time to start focusing on debt. After a week or two my emergency fund will have the money back in it and then I can put money toward my credit card again.

I currently have 3 student loans that are growing instead of shrinking, 2.5 K on a credit card with an 19% interest rate and 500 on another that I will pay off immediately because that card has a 29.99% interest rate. The 2.5 K card scares me though. Last time at my old temp job I and all the other temps were laid off three weeks into our new contract and also the same week I was about to make my first big payment on my credit card.

And then there's the car loan. I've always had the thought that I shouldn't pay off the car loan before the time because if I get in an accident it was a waste of money I'm not sure how solid that thinking is. The fact of the matter is that the car needs a check up as it has been making strange noises. I hope its fine because that would mean having to make repairs and another depletion of my EF. Hopefully the repairs are under warranty.

The car is old though and paying it off would be awesome then I could use the trade in value toward a new one when the time comes.

But between the ageing car, the credit card debt I've feared paying off and my student loans of which half of growing instead of shrinking I'm frightened. Not to mention that this employment is temporary although its gone on longer than I could have ever imagined.

Guess I just have to take it one day at a time.

I'm feeling pretty bleak today after seeing all the flood damage some of which is not that far from my tiny apartment.

Although I am happy that we did not move to a condo as we had planned because most of the places we looked at are underwater now and we are save and dry.

I'd like to move into a house someday but I feel like we have other bills we have to take care of before we do that. Husband seems to just want to move into a bigger apartment and stay there but if we have a family I'd much rather be in a house. It's equity you own it. Paying rent is like money that you piss away each month here. It's not like back home where you could write it off as part of your taxes.

I have gotten no word yet as to whether my assignment will go on but I sort of wonder if my office is underwater at the moment. Some days its hard to stay positive and this is one of them.

I've been sick for a while now so doing normal daily routines has been a struggle as has going into my other job. Right now I need to shove some food in my mouth so that I can get some more work done.

I'm just stressed out beyond belief. I try not to be but it happens at the end of every assignment something always seems to come along and wipe out my money whether its a choice I made like paying off my credit card thinking I had another week of pay to replenish the hole, or some kind of emergency. Right now I'm out a few thousand due to my medical emergency but otherwise I'm okay financially. I should have more money in the bank but what can I do.

I'm hoping that I get word soon one way or the other so I can be more emotionally prepared. It's nice to be able to post on here its almost therapeutic like.

As far as the financial situation goes nothing has changed. My credit card has still been tucked away and I'm using my cash envelope system. Next week I will get paid and be able to replenish some funds but I still have to pay off bills and pay off that credit card I foolishly racked up a balance on. Hope all is well out there in the stratosphere.

Today is my first day. I don't know if I'll stick to this blog but I sure hope so. Things have not been easy for me but with the help of my now loving husband we've been fine.

I'm currently working 2 jobs and it's been stressful and to add to the mess my husband is now doing the same for when my assignment ends. My second job is approximately minimum wage I work there still because I can't rely solely on unemployment.

Last time I was unemployed long enough that I had used up my claim which is when I got my part-time position. When I was finally approached about a contract position in my field I had not been gainfully employed for 9 months. That was a scary time for both myself and my husband but we made it through.

Financially I am doing okay but I still have one last credit card to pay off, a car loan, and student loans. Until this position I had no savings. Now that I do have savings don't feel that its enough.

I learn more everyday and this website has already taught me a lot and helped me set clear financial goals.

I hope this blog will help others like me to figure out what to do with our finances. Unlike most temps can't count on having a steady income. They have to make due with what they can get and hope they gained enough experience to be hired by the company or land another great assignment.

It's a really rough place to be financially but with some common sense and support (either a stash of cash for yourself, unemployment or someone who can help you out in the interim) you can stay sane as you navigate though.