Reply to I need to cash out my 401k

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[quote=Anonymous][quote=Anonymous]OP back- Yes, I think I am disciplined enough not to use the CC ever again. I can't reduce my living expenses though. I work in Tysons, so I need a  2 bedroom in an area commutable there. These are my major costs:

-My rent currently is $1600. I don't think I can reduce that unless I live way out and then I would have to pay more in gas, tolls ect, so is it even worth it?
-Daycare: 1300
-Cellphone: $70
-Internet & Cable: $75 ( its basic cable, cheapest I could find)
-Car Ins: $150 ( i have 3 accidents)
-Car Payment: $350
-Credit Cards: about $400/month
-Utilities: $250
-Gas:$200
-Food: Varies

So these are my main expenses. Thanks
[/quote]

Drop internet/cable. You can access this from the library for free.
Sell your car and take the bus/train. No more car insurance or gas.  That's $775 saved.
Now you have $700 per month to put toward CC debt (you'll use the difference for public transportation--can't cost more than $75/month, right?).
If you're feeling like you can't do it--just think, it's only temporary, until you're debt free and can SAVE for the next car. Your next care will be a used car that you pay for up front, in cash.

Good luck![/quote]

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