Hey everyone. I’m not really sure how to begin but I’ll start by introducing myself. I just turned 27, I’ve graduated college with a bachelors in international relations and a minor in economics (the irony is not lost on me). I live in Albany, NY with my boyfriend who I have been with for 4 years and love very much. I am in about $80,000 worth of debt from my college loans, and additionally from credit cards which I opened when I was younger (before that minor in economics for the record). My boyfriend is currently paying for all of the rent in the 1 bedroom apartment that we live in, about $800 a month, in addition to food costs and other expenses to help support me. We both have full time jobs however if I make about 1,700 per month, every month over 1,300 of this is going towards paying bills from loans and credit cards. The rest goes to paying national grid for heat and power (my national grid bill here is $300 this month, apparently the apartment is ‘not insulated’.)
long story short, there are no jobs for my degree in Albany New York. We are unable to move to a location which would have the kinds of jobs I want and am qualified for because we are spending all of our money just to try to keep a roof over our heads here, while paying down my debt. I feel stuck.
My boyfriend is always incredibly stressed because he only makes about $1400 a month if that (as a laborer, poor guy), and most of that is gone to paying rent and purchasing food and getting gas, etc, as well as helping me with unexpected expenses that come up, since by the time I am done paying everything I need to pay for the month I am left with almost nothing. My account frequently goes negative and then when I do get money from my job direct deposited, the bank automatically charges me fees of $35 per each day the account is negative. I feel like a giant drain on him and I’ve explained to him that I understand I am basically a dead weight on him right now, as he has no debt whatsoever. All of his money is being spent so that we can live together.
That being said, anything that can help me un-dig us from this mess I’ve created, would help. Currently I owe about $10,000 in credit card debt, and about 70,000 in college loan debt, and I’m afraid I’ll be stuck forever.
Long story even shorter. I am poor. We are Poor. We are trying. We are asking for help.
Thank you so much for your time in reading this.