Need some advice

[Ron G]

Re: Need some advice

To be honest i dont know what the h#ll happen,we got behind during the wedding process and cant get caught up,She does work as a nurse,mighter of fact she brings home more than i do,i dont want to get a loan,it just seems like our wheels are spinning right now and cant get caught up.i think what im going to do is think about all this for a couple months and work harder and sell some things i've been needing to get rid of.All of this advise is real good and i thank everyone.But alot of times hard work is the answer what doent kill ya,makes ya stronger.<br /> I know a bunch of ya has seen and done the thing with the wifes,and in a world like it is it probably is smart to get all that in writting,But i went into this marriage wanting to speand the rest of mylife with her and to grow old togeather.i dont want any barriers between us finacially or emotional,the way i see this its a marriage not a joint adventure.I know ya'll just looking after me and i really appreiciate it,if it goes south later on ya'll can tell me told ya so Any body want to buy some old stuff out of the garage

 

[PW2]

Re: Need some advice

Ron, All you are talking about is $24 k or so, so in my opinion it is not necessary to go overboard getting stuff in writing. You both are responsible for any new debts incurred anyway, no matter what a piece of paper might say...<br /><br />You do need to get your finances in order somehow.<br /><br />Put together a basic living expense budget that you are currently experiencing, as close as you can. Be honest! Do a list on paper, and do this together with your wife. <br /><br />Then critique it, see if there any recurring expenses you can do without. Again be honest, and not necessarily more spartan than you can live with in harmony with each other.<br /><br />Then list your income on paper, and compare the two. This will show you the depth of the problem. Saving money, or getting out of debt, is not rocket science. Your income has to exceed your expenses. If it doesn't, you have to increase your income or lower your expenses.<br /><br />You must negotiate a budget with your wife, make sure both of you agree to it, and then both stick to it. You must come to agreement with each other on a plan going forward, and openly discuss any deviation from that plan, for the plan to work.<br /><br />I obviously don't know your situation and don't know how drastic a change is needed, but if you are floundering, one thing is sure. What you are doing ain't working, and taking on new debt is not likely to fix it.<br /><br />The key is to get organized in order to eliminate end of month surprises.