Timeline for Can it be irresponsible to repay a student loan?
Current License: CC BY-SA 3.0
11 events
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| Jul 24, 2015 at 16:37 | comment | added | Andy | @Eric There are a lot of allergies and other medical needs in the family, and the allergist and doctors that need to be visited weekly or monthly aren't always close by. (See my other posts regarding medical bills...) The places we can buy in bulk for the month and save a few dollars aren't either, but they are close to some of the other places. We can combine those sorts of things into one trip to save some gas, but then my wife is out for several hours. | |
| Jul 23, 2015 at 18:11 | comment | added | Eric | @Andy I struggle to understand your/her need to be all over town. It sounds like you've got a lot going on for your kids and you might be shopping around to get higher quality, higher cost goods. Taking a close look at why you need this level of local travel may give you more ideas of where you can cut back. Relocating may also let you find a cheaper place and/or have less local travel. | |
| Jul 23, 2015 at 14:24 | comment | added | Andy | ...can't get everything done that you need to without driving around town 50 miles and for several hours, and you just don't have the time or energy to cook a proper meal after that. Personally I could live on peanut butter sandwiches for three meals a day. I don't expect that from others, however. | |
| Jul 23, 2015 at 14:22 | comment | added | Andy |
Upvoted because there is some useful info here, but absolute statements such as you shouldn't see the inside of a restaurant until make certain assumptions. For instance, I eat out with co-workers from time to time because there is a real business value in doing so, and from a cost standpoint I average probably about $4 for a meal because I limit my order to high protein items and exclude things like fries, sodas, etc. My wife will sometimes pay 4 times that much to stop somewhere to get a quick meal for herself and the kids because you sometimes...
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| Jul 22, 2015 at 15:46 | comment | added | mikeazo | @R.. in my defense, I did mention paying cash for a car cheap car. The bike is an alternative that, as it turns out, the OP is already doing. As far as not having internet, you are right that in some cases it could be bad advice. There are no solutions, only trade-offs. I can't make that call for the OP, but wanted to mention the possibility. My actual intent was to point out that drastic times call for drastic measures. | |
| Jul 22, 2015 at 15:42 | comment | added | R.. GitHub STOP HELPING ICE | A lot of this is bad advice. Not having a car, not having home internet access, etc. will all make it require much more time, effort, and money to do everyday things that need to get done, including income-producing activities. You can get a working car for the same price as a few months (typically 3-5) worth of payments on an overpriced new(ish) car. Do that. | |
| Jul 22, 2015 at 15:35 | comment | added | Eric | +1 for mentioning the disturbing behavior. I can understand keeping finances separate early in a relationship, especially if there are no children and both parties are earning an income. Maintaining this view after one partner chooses to stop working to look after the family seems dysfunctional. | |
| Jul 22, 2015 at 14:29 | comment | added | mikeazo | @Andy, one thing to keep in mind when planning your debt payoff plan is that student loans can be very difficult to get rid of in bankruptcy. I hope for you and your families sake it never gets to that. You definitely have some hard choices to make, but you can definitely do this. Think of it as an opportunity to permanently change your family tree. There are very valuable lessons even your children will learn by going through this as a team. | |
| Jul 22, 2015 at 14:10 | comment | added | Andy |
sell one of the cars and use the bike. Actually we have only one vehicle, and I already commute by bicycle... this is one factor that makes finding a second job more difficult.
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| Jul 22, 2015 at 13:23 | history | edited | mikeazo | CC BY-SA 3.0 |
added 4 characters in body
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| Jul 22, 2015 at 13:14 | history | answered | mikeazo | CC BY-SA 3.0 |