Re: Refinance to consolidate debt?
Wow, interesting comments...
1) I've already stop helping the son out, the only thing we did was help him get a car anyway. Plus he has a second job, that's why he is able to pay $100 to us every month. We don't give him money, no hand outs. He is truely sorry for his bad judgement, but he doesn't have the earning power to pay more towards this debt.
2) I have 2 second jobs already (read prior post)
3) I'm paying min $500 per month on the debt, have cut down to the bone, it's tuff and the extra jobs are killing me. I'v been doing them for a year now, plus take on little extra part-time jobs on top of that (my husband and I do a small balloon business together)
4) We put 15% into our 401K's, don't think changing that would be a good idea, my husband is to close to retirement. Plus taking from our retirement to pay this debt is worse then rolling it on to our house.
5) I will go and check out the Total Money Makeover by Dave Ramsey as suggested this weekend, because I don't want to leave any stone un-turned.
6) Since we have never over charged and had debt before in our marriage (22 years), I know that if we refinance and pay it off we won't get back into debt. Wasn't our style before won't be our style now! I just want my life back, working all the time is wearing me thin, can't imagine doing it for several more years.
Well thanks to everyone for your comments.
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