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[quote=Anonymous][quote=Anonymous][quote=Anonymous]I’ll weigh in bc this was us - none of this sell the car bs. I make 200K to live my life not to eat ramen and drive a car without heat.

I ended up in similar debt. I transferred to a 12 month 0 apr card. I limited but didn’t stop the eating out and DoorDash. With little kids food ordering is the only thing I can savor and use as a treat. Cut down grocery bill, cut down subscriptions, cut down any clothes buying or dumb buying like Amazon or small things for kids that they didn’t need. Got a few credit cards for the bonus put electricity bills on it, then used the bonus to pay down the credit card balance. The reality is it’s real shitty to be in this position with a high income but house and childcare will do you in. I also don’t want to live like a poor monk so had to find where I could cut and where I could still “enjoy.” Paid of all debt in one year and have been debt free for months now. Also and this I’m kind of ashamed to admit I did some bank bonuses that got me extra money for extra payments. [/quote]

The only reason you needed to "live like a poor monk" was because you failed to live within your means initially.  You made that choice, then you had to make the choice to cut back and pay it off.

I hope you have worked on building an emergency fund and not just back to spending everything [/quote]

Emergency fund is better than ever I left out something, no credit card or car debt AFTER I paid off the car loan for a used Subaru.

Pray tell what is failing to live within my 200k means? Mcd is takeout and I eat beans and rice and I sew my clothes to mend them? Seriously it sounds ridiculous and that’s why I’m telling the OP to be realistic with a mortgage and kids and living in DC. Sure you can eat ramen for the next year and get out of debt but you can also drop dead and your 200K sure doesn’t matter. [/quote]

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