What Would You Say?

I get 400-600 questions a month through my website. I spend about 4 hours a week answering 30-40 questions, which I use on my Q&A or to make the This & That blogs. But some questions… well, some… I just don’t know what to say. Or my first response is something like, “Buy some condoms,” or “Get a job” or “…

So what would you say?

M wrote: I have one child am expecting another still live under my mothers roof and am on financial assistance. I’d very much like to move but I want to know how to get started as a single mother. I’m looking for advice as to how I can make a move and not have my children suffer in the same breath. I’d like to have financial stability. How can I work out my finances so I know that moving isn’t a bad idea. There won’t be space here for me +2. I’m due in the beginning of fall.

J wrote: I am on pension and recently I have been having problems living on my salary of about 4000 a month I have ben taking out the odd payday loan to make things meet to pay my bills recently seems like when I try to get ahead something comes up , I have credit card debt and am almost at the max on them plus I have a personal loan to any help would be appreciated thank you.

E wrote: I wanted to ask, How can I pay off my credit card debt of 3,340$ Because recently i lost my job and ive been looking for a job for 2 months what else should i do?

S wrote: I started a business in July 2011 as an event planner after losing a job at a venue. I’m a private event planner and have had some successful events come my way but not enough to make a profit or steady income. Unexpectedly, I got pregnant in March 2013 and also became a single mom. I did not have the hours to collect any sort of maternity leave, so I’ve been on Social Assistance in the meantime. I’m actively looking for work and still trying to promote my event planning company. I want to purchase the townhouse that my mom and I are currently renting, but would like to know what my chances of getting a pre-approved mortgage would be? I was dismissed from a bankruptcy five years ago. I’m unemployed at the moment but looking to earn 45,000 gross.

A wrote: I have a very very difficult question. I am $80,000 in debt, $60,000 is student loans and $20,000 other debt like credit cards and cash advances. I only make $33,000/yr and pay $1000 a month in rent, I am also supporting two kids. I can’t file bankruptcy because it wouldn’t make sense as my student loans are at 6 yrs old not the 7 they need to be to get wiped off. I have collection people harassing not only me but my landlord and family. I’ve been putting off filing bankruptcy also because I keep telling myself it would be better to keep ignoring collectors and just pay a couple hundred dollars every month and avoid the word bankruptcy in my credit report. Prior to 3 years ago I had great credit but I still couldn’t lease a car because my student loans were so high. I’m a bit lost now, I’m completely overwhelmed

 

J wrote: Do you have any recommendations for a 75 year old low income with medical and dentals needs who has to get by on 1700.00 month for everything? My home is a trailer which I own. No family, no help. Can’t afford both drugs and food.

T wrote: My partner and I are in our late 50’s and we have no assets, no savings, neither of us have retirement plans through work and we live paycheque to paycheque. We try to save, but find it difficult. We do not live a lavish life style by any means, unable to take vacations, barely making bill payments at times, etc, etc. Other than being royally screwed and having to work until we are 100, do you have any suggestions????