Need Some M O T I V A T I O N !

[DanielB]

If you stopped spending (temporarily) in the following categories, you would free up $6,000 extra in one year:

- $200/month to retirement plan
- $200/month to savings
- $100/month to vacation

This would quickly get you to a point where you can sell the car, and cover the difference between what you receive and the remaining balance on the loan. You can use the rest of the cash to payoff the credit cards.

One other thing: if you take home $1400/month and only spend $800 of it, where is the other $600/month going? That money would knock out your credit cards in less than four months! Your situation isn't hopeless by any means - you just need to discipline yourself...you could be debt-free in six months, buddy.

[Jetsetter]

I will give you one motivational aspect of paying off your debts.
Walking to the mailbox every day!
I used to walk there almost like a perp walk. Now I have no problem opening the mailbox. Seems crazy, but there is an emotional aspect of something as simple walking to the mailbox.

[Redraidernurse]

Sell the car. It's an obvious solution.

[Trippingbillies]

I've taken on a part time job to pay off debt. I am going to send in every paycheck I make at my part time job to help pay of the debts, along with sending in the currents monthly payments I make now.

[Frugal]

It takes some work, but there are no effortless solutions to paying off debt. Your best bet might be to sit down with family if necessary and plan a budget, allotting so much to debt payments. It might also be a good idea to talk to a financial advisor about what to do with the debt.