Reply to Earning Well but Drowning in Debt...how to dig out?

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[quote=Anonymous]OP - sorry some of these posters are not being helpful. Sometimes people need to validate their own decisions by tearing down others. Ignore ignore ignore. You can't change the past, only make better decisions for the future. Lots of people have said this, but the first thing you need to do is take an inventory. I know it's scary and daunting when you are in debt, and it's hard to talk about money with spouses sometimes (which can lead to poor decision making), but you must do it. I promise you, it will be freeing for both of you. Make a date, open a bottle of wine, pull out your computers and a pad of paper and write it all down, debt, loans, all your accounts and all your bills. Then you can make some decisions. Maybe you pay off the cc debt with your emergency savings. Maybe you get an au pair or nanny who drives instead of all the daycare/aftercare/dog walker, etc. even if that's just a wash, your house will be cleaner, you'll be less stressed, etc. maybe you get rid of one car and carpool, there are lots of rideshare options. Number one priority is getting rid of the cc debt ASAP. It will feel so good and will be a weight off your shoulders. You just need to take the first step and talk numbers with DH. Once he sees returning laid out, he might be willing to talk about moving further out. Especially if a nanny is in the cards and takes the drop off/pickup out of your lives. Good luck OP. [/quote]

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