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Money and Finances
Reply to "Earning Well but Drowning in Debt...how to dig out?"
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[quote=Anonymous]Haven't read the whole thread, but 1) I can see why OP doesn't want to move, that's a big deal with kids and the mortgage itself isn't that crazy, 2) the cars would be a place to cut back - Kia forte or something, maybe I missed that post, but not sure why OP won't consider, if they could save a few hundred a month on cars, plus cut back discretionary spending, it might go to a good chunk of the loan payment But really, OP, maybe you already addressed but can someone get a higher paying job? If you could throw extra money at the loan, get thru that and daycare you could come out in a few yrs in a much better position I feel for OP, we make about the same - 2 Feds - and are in a much better position because we don't have loans, had more money to put down and a lower mortgage, etc (although we also have 2 kids although I would have liked 3 and finances were a consideration)[/quote]
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