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Reply to "Owe 127k; make 190k"
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[quote=Anonymous]No bankruptcy is needed. Your non-mortgage debt is $12k on car and $30k secured by a second car? 1) you need a budget. Both the app by that name and the reality 2) drastically cut back on your expenses. No more eating out, cut back any reoccurring expenses and subscriptions, go through your reoccurring expenses and try to lower them. 3) consider selling one of the cars. If you have $30k secured by a car, presumably it is worth more than $30k. Sell it. 4) take the private school for high school or at all out of your considerations. You can’t afford it. [/quote]
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