I am currently married with two daughters. I lost my job in May of 2018. Shortly thereafter my 2005 car started to require major repairs. My husband refused to help pay for the repairs or assist me financially while I was unemployed with no income. I had to charge the cost of my car repairs during this time, which totaled $1341.93. I was fortunate enough to obtain a temp-to-perm position a few months later, but the pay was well below what I had been making a my previous position. My car continued to require more repairs totaling $2195. 93. My credit became maxed out at a certain point, and I was forced to resort to online loans to cover the car repair costs. Then I became trapped in the cycle of repaying the loans on a biweekly basis. As my husband has refused to assist me financially, I have accessed the funds in my IRA to pay the payments. Now my IRA is down to almost nothing, and I’m facing the difficulty of making these payments. Additionally, I am now unemployed again. I want to pay off all the loans and be completely done with them. I recently turn over the credit card debt to a debt relief program, so I feel that part of my problem is now on a settlement track, however the loans need to be paid off so I can sleep at night.
My husband is now pushing to get a divorce and wants to sell our house. I do not want my daughters’ lives to be upended. I want to keep them in the home, in a solid stable environment. I would love to take ownership of the property so my husband cannot force us out. I feel as if he is trying to constrict the financial situation in our home, and with me. He has a six-figure income, however I feel as if he is financially bullying me. He is also verbally and emotionally abusive, which has been going on for over 5 years. My children witness his behavior towards me pretty much on a weekly basis.
On the bright side, I was recently accepted into an MBA program starting in the Spring of 2020. I hope to provide more for my daughters by completing this program of study. My husband does not support my efforts, and actually is using the fact that I will have to ask for student loans against me. He has ridiculed my efforts to obtain this higher degree.
I am currently on unemployment benefits as my only income. As I look for a new job, the stress of these payments and this situation has become increasingly difficult. I have a lot of inner anxiety, but I’m trying to keep a positive attitude with my kids. I’m asking for help and a way out to financial peace.