My Financial Crisis

Warning, this is a downer of a blog post....


I am not one to put anything off until tomorrow, I have always been that go getter who never stops or takes no for an answer.  However, being unemployed and this house arrest thing has done something to me.  For some reason I am becoming a procrastinator and suffering from low self-esteem.  For those that know me, I'm sure this is quite a surprise. 

I have been looking for work since the beginning of the year and everywhere I go, I am told that I am over qualified.  I'm not even being picky, I've applied to McDonalds, WaWa, the local grocery store, etc.

With all my regular monthly bills, the fines from my DUI, money I owe unemployment, and also recently learned that I owe the IRS from 2009, I feel like my life is crashing down upon me.  There are days that I just want to crawl under a rock and hide forever.

After discussing my financial situation with my parents and seeking their advice on how to go about paying these bills/fees/fines, we decided that I need to get this all documented to see the big picture.  I knew things were not that great and kept putting off this chore.  After looking at the numbers, I saw what I knew but didn't want to admit.  I am very close to a financial crisis.  I recently pulled the rest of my savings out of my retirement account to get by. This is the only reason I am still "floating above the water" but not sure for how much longer.

The budget I created made things really sink in and I am scared.  I am quickly going through all of my savings and have to be able to support myself for as long as I can with what I have left.  My monthly income does not come close to my required monthly bills.  Thank GOD, I have very little debt from earlier life lessons learned.

When I lost my job last year I had no idea that it would take me this long to get another one.  My debt is now growing by leaps and bounds since I have no medical insurance and have close to $600 a month in prescriptions that I must take.  I actually applied for Medicaid and am waiting to hear from them. 

Don't get me wrong, I am grateful for the PT job my friend has given me but it still isn't going to make ends meet, it will just prolong the inevitable.  At this point though everyday counts.  Or should I say every penny?

As a result, I need to sell my car.  I don't want to but have no choice.  I'm not going to be using it for at least a year or more and can't afford the monthly payments without the necessary income.  I have to be realistic about things and this one really hurts.

My Dad drove it for me two weeks ago so I could vacuum it out and get it washed.  When we got it back to my place I took a bunch of pictures to sell it.  Yes, I was procrastinating again but finally posted it last night to Craig's list and Face Book.

Once that is sold, I will have one less bill a month.  I even thought of getting a roommate since I live in a two bedroom apartment.  It's very small though, I don't own much but there really is no space to get a roommate.  The main bedroom in my apartment is so tiny the only thing that really fits into it is my bed.

I am sure this is a huge reason for my low self-esteem because I have never been this bad off.  Yes, I have had financial issues in the past but could tighten my belt and climb out of the whole.  I can't tighten that belt any further and am now just biding my time.