So, how come during the month of October, when I was driving to church 4 extra days a week, the gas prices dropped down to $3.15? How come I managed to go a whole week on one tank of gas each week when I had trouble doing that during September? God really stretched the gas. Now that October has ended and gas prices have gone back up to $3.35, I've still managed to get by on one tank of gas each week.
I’m so blessed - even while living in my car to pay off debt.
I've been informed that my company will probably cut jobs in January and February. For those who remain, I don’t know if they’ll cut the pay as well.
My coworker Liesl and I talked about that. She said if they cut her pay in half they might as well cut her in half. She just became full time this year and has started to see light at the end of the debt-paying tunnel. She described how slow progress is – don't I know it!
I have seen so little progress over the years (and I WAS working full-time – not part time). That’s part of the reason I decided to go to extremes.
If I rented an apartment right now, $1000 a month would go to rent, $1000 a month to debt (those are just the required minimum payments - not extra, and $400 would have to be split between insurance, food, gas, utilities,
toiletries, etc. Of course, that won’t work. $400 is not enough for all that.
That’s why I have to pay down this debt and get back to a reasonable level of disposable income.
If I pay $1000 a month on debt (above and beyond the minimums), it will take 90 months to pay it off. That’s 7.5 years of living in my car. So far, we’ve paid off $4k in two months. If we keep up the double rate, that’s 3 years 9 months of car living. Either way, it’s way too long.
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