Firstly – I hate having to do this. It goes against everything I ever wanted to do in life, and is not where I saw myself 10 years ago. I wanted to be one of you, not one of me. But…I’m desperate, so here we are.
Essentially, this is the situation:
I work full time, flat out, in a rubbish job where I am not paid as much as I should be (no boasting, it is just a fact that the job I do is usually paid a lot more). Your first question – why don’t I change jobs? I’m trying. I am spending what little time off work that I have applying for jobs.
I am married, very happily. We have 2 daughters, just turned 1, and almost 3. They are amazing, adorable, frustrating, and locusts! And they are the best things that ever happened to me, and they are everything that I live for.
My wife doesn’t work as she looks after the children – we looked at her returning to work after having our youngest child, but childcare was going to cost more than she could earn. Therefore, we struggle. My wife makes what money she can by selling things we don’t need, or selling things which she has made in the evenings.
The long and the short of it is that we have been slowly spiralling down into more and more debt since we had the children. This was planned. We could deal with it and get back ‘in the black’ once the kids were at school. Then, we went from small disaster to small disaster. My work started to struggle, and gave me the option of losing my job or taking a pay cut. I took the pay cut. And the extra hours. Our car (we only have one) has suddenly lurched onto its last legs…I try not to think about how much it has cost to keep running in the past 6 months. I haven’t yet finished paying the garage…I would replace the car, but would need money to be able to buy something else, which I don’t have.
We are now in the situation where the repayments on our payday loans, personal loans, overdrafts, and credit cards add up to more than my wages…and that is before we pay the rent, the electric bill (on the odd occasions when we can afford to pay it) and actually put food on the table. My wife and I have 1 meal a day so the kids can eat instead.
I am out of ideas. I lay awake at night trying to find another way of making money. We have set up repayment plans on everything w can to try tor educe the amount we are paying in interest, but it isn’t enough.
Basically, and here is the bit I hate the most…I’m begging for help. I have thrown my dignity to the wind, and I am hoping that you can help. If not, thank you for taking the time to read this, and don’t think badly of me for asking. if you can help, even a small amount, I will never forget it, and hope that one day I can help someone else in the same way. Thank you.