So, I’m kind of in a tight spot here. I messed up big time and now I’m not sure what to do next. I know it’s all on me, so I’m looking for advice, not judgment.
I quit my project management job recently because I wasn’t getting paid fairly. I’m a veteran with no college degree, which makes it tough to negotiate for higher pay. (I mean, who knew a degree was so important, right?) Now, I’m back in school working towards a business/finance degree and project management certification. The VA helps me out with a monthly housing allowance as long as I’m a full-time student. But here’s the thing, I messed up my credits and now the VA didn’t pay me this month. I’m working at a bar on the side to pay my bills, but it’s not enough. I’m literally down to my last dollar and my credit cards are maxed out. I can’t even afford my car payment.
I’m at school and work every day of the week, no breaks, and I’m broke. Dropping out of school isn’t an option because the VA would make me pay back all the tuition they covered. I have zero free time and zero dollars. Not sure what to do next. I’ve been selling stuff just to eat, but that’s not a long-term solution. My bills are stacking up and I’m drowning here.
All the best,
Struggling Student
Response from THE MONEY MINDER:
Hello There,
I’m sorry to hear about the difficult situation you find yourself in. It’s clear that you’re working hard to improve your circumstances by pursuing your education and certifications, but the miscommunication with the school has left you in a tough spot. It’s commendable that you’re taking steps to better your future despite the challenges you’re facing now.
Given your busy schedule with school and work, it’s important to prioritize your financial stability. One practical step you could consider is reaching out to your creditors and explaining your situation. Some may be willing to work with you on a payment plan or adjust your due dates to help alleviate some pressure. Additionally, you could explore opportunities for additional income, such as freelance work or gig economy jobs that can fit around your current commitments.
You mentioned selling belongings for basic needs, but as you rightly pointed out, this is not a sustainable solution. It may be worth looking into community resources or food banks that could provide assistance with groceries or other essential items. Don’t hesitate to seek support from organizations that specialize in veteran services, as they may have programs that can offer financial assistance or guidance.
Lastly, consider creating a detailed budget to track your expenses and prioritize your payments. It’s crucial to focus on essential expenses like rent and food while managing your debt as best as you can. Remember that this challenging period is temporary, and with careful planning and perseverance, you can overcome these hurdles.
THE MONEY MINDER
