My name is Niall. I am a divorced dad with 2 kids: 12 and 9 years old. My ex-wife and I separated 3 years ago. Since our separation my finances have taken a huge hit! I have used up nearly all of my savings to keep my head above water. Part of my problem was having a low paying job that barely met all my expenses, which included child support payments. I have changed jobs as of Jan 2017 so I am beginning to financially recover, but this will take some time to get back on track.
My ex and I are both fairly strapped for money so have been sharing a car for the last 3 years. As you can imagine, sharing a car with an ex is less than ideal and requires a lot of coordination and cooperation.
My finances were getting under control and I thought I could finally buy my own car this year. However I got hit hard by a $7500 tax bill in June from Revenue Canada. I had to pay this off with the money I was diligently saving for my car plus dip into my line of credit.
After financially struggling for 3 years, I am trying to move on with my life. Purchasing a used car and paying off some of this line of credit would definitely relieve my constant financial stress. As well as sever the tie I have with my ex-wife and the car.
I have considered getting an extra part-time job, but the part-time jobs I could get would barely be worth it and would only serve to take away spending time with my kids.
The $10,000 I am asking for isn’t going to completely cover the expenses of my used car purchase and my $13,000 line of credit. But that chunk of money will reduce my debt to a manageable amount and also allow me to purchase a car. This would be a huge relief!
I have cut out every unnecessary expense I can find: cable TV, gym memberships, expensive cell phone plans, paying off all bills prior to interest being charged, and living in a cheap rental apartment. I have been on a budget for some time now and am carefully tracking my expenses and looking at what I need rather than what I want.
I am grateful for what I have and I know the future will be better. This $10,000 is a boost to get me back to normal.
Thank you for reading this! I would greatly appreciate any amount you can donate. I do commit to paying your generosity forward, meaning that I will donate money back to someone else within 1 year.