Re: Financial Bind

From: "Abbott" <labbott@mho.net>
Subject: Re: Financial Bind
Date: Sun, 28 Jun 1998 16:29:42 +0000

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Jack,

Take a look at this web site, find an organization there that is a 
support group for your disability. I think with any experience in 
data processing you can find a better than minimum wage position:

http://www.eskimo.com/~jlubin/disabled/org.htm

> I have found myself in a very bad
> financial situation and would like
> suggestions from anyone who may wish to
> help.
> 
> Two years ago I found myself, at age 47,
> retiring from the U.S. Federal
> Government on a disability.  This
> disability does not prevent me from
> working at all, so I did not qualify for
> Social Security assistance.  I am
> married, with 2 children in college. 
> Anyway, the credit card debts have built
> up to a very high number and I've

Get a container that you can freeze with a lid. Take your credit 
cards and put them in the bowl, fill the bowl with water, now place 
it in the freezer. Keep those cards frozen until you can
call Consumer Credit Counselors, and make an appt.; they will make 
you cut them up and contact the cc companies to work on payoffs. 
Many cc companies will take less than the amount owed to recoup the 
money they spent, the interest amounts are what you have for 
negotiating power. 

You must cut back on your expenses AND increase your income. You have 
sold out your retirement accounts, you need something to live on in 
the future. Don't sell the roof over your head, work this out.

Check out the frugal usenet group, read frugal oriented web 
pages, there are ideas for everyone from every type household on the 
web. The ideas work. I am saving money for the first time ever, these 
things give me new ideas daily. I still live very comfortably, have 
some things I didn't have before living this way that I wanted!

Be prepared to ask yourself what do you want in your life and make 
priorities, set goals, and exam who you are. Even a minimum wage job 
would pay off 60K in about 3 years BUT ONLY IF YOU DON"T INCREASE 
THAT 60K. Don't allow yourself to be a victim of negative thinking.
You seem to have good experience and some marketable skills, find 
your market and GO FOR IT. Temp agencies are excellent places to 
start out. Take some positive first steps. Get some support, you are 
not the only one in your boat, I know, been there, done that! Our 
debt was 16K this time last year, at the end of this first year with 
only me working for 6 months of that, 8K is paid off and we have 
emergency fund money in the bank. I do office work through a temp 
agency, nothing high powered and high paying!

I won't wish you good luck, luck has nothing to do with it, how about 
strong will power :-) You can get out from under this! 


                 Cheers,
                  Joell 
           labbott at mho dot net
                   or
           joella at rocketmail dot com




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