View Single Post
  #38 (permalink)  
Old 03-18-2010, 10:35 AM
woodie96's Avatar
woodie96 woodie96 is offline
$ Saving HS Sophomore
 
Join Date: Oct 2008
Location: Virginia Beach, VA
Posts: 157
Points: 1075.00
Donate
Default

Be careful....Never say "never"
Although it may appear now as a step backwards.....with your current expenses, you are spending about 50% in home expenses. That is a killer and makes it really hard to get ahead, or even break even.
IF, IF you were at the "norm" per say of no more than 30% in home expenses, then you would have an additional 400 bucks free each month to kick this debt down.
But I do understand the emotional aspect of feeling that it would be a step backwards.
Reply With Quote