Hello kind people,
I feel so bad asking for help, but I have fallen into a financial perfect storm and won’t be able to stay afloat long without help.
I have two very sweet boys, ages 1 and 3 that are my world. When my oldest was born I did not have good insurance coverage and used a credit card to cover my prenatal and labor expenses. I put the money for that into a balance transfer that would have 0% interest for a year thinking I would pay it off quickly when I returned to work. However when I went back to work I choose an at home daycare for my son (it had come highly recommended by a friend and the woman seemed very nice). After the first day my son would get hysterical whenever I dropped him off. Within a week he developed a diaper rash so sever he needed a prescription. I decided to go pick him up early one day (unannounced) and walked in to find that the lady watching him was just strapping him into a car seat and leaving him unattended in a bedroom upstairs to cry while I was at work. I was furious and heartbroken and felt like a complete failure as a mom for allowing this to happen to my sweet baby. I dropped down to a lighter work schedule and had a part time working mom friend that we would take turns watching each others kids. I took my son to work with me when I could and filled in with a babysitter when I needed to. This left virtually nothing to pay towards the money I had borrowed. I cut cost where I could (used cloth diapers, became diligent about coupons and got rid of tv/internet), I started doing online sales too, but it didn’t make much of a dent. After I had my second little guy more medical debt and daily expenses piled on and the interest kept compounding.
The additional complicating factor is my work itself. I work primarily in home healthcare with children with developmental delays. I adore my work and the children I help, but because I’m an independent contractor, I have no benefits or sick leave. If I am sick, my kids are sick, or the kids I work with call out sick I don’t get paid. That makes it especially tough this time of year. Several of my home health kids are immunocompromised, so I cannot go see them if I am sick at all. I am able to fill in with some hospital shifts to supplement my income when I have consistent child care and there are shifts available to pick up.
I have now found a good daycare/preschool for both boys where they will be well cared for, allowing me to finally pick up some more consistent hours at work, but it is expensive. My older son has started going there and my younger son starts in 2 weeks when they have a spot open for him. I have no idea how I’m going to afford both the child care payments and pay down my debt. The interest keeps compounding and now it’s over $15,000 ($15,310.93 as of today) which is more than my car is even worth. It keeps me up at night with worry and I don’t know what else to do. It’s so much money and any amount would help. I know if I can get that paid off, I could get back on my feet. I’m sorry this is so lengthy, but thank you so much for even considering helping. Any kindness will be paid forward as soon as I am able.
Here is a picture of my sweet boys as well as screen shots of the amounts I owe. Thank you for any help. Here is also a link to my PayPal pool https://paypal.me/pools/c/8nkeHGyb2Y