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Lower income means slower debt payoff

August 4th, 2009 at 02:43 pm

No more overtime at DH's work is definitely slowing our income. He's down to making a little less than me now. Course the job is probably ending in August so who knows what the next job will bring. As a result, I am eyeing up our expenses wondering where I could cut from that wouldn't bother us.

I think our last possible cut spot is our discretionary money but we had had a hard time getting that below $300 per week because of all the stuff it covers. Once DH has his next job lined up, I will probably cut our unreliable internet but can't do that until he has another job since the internet is useful for job hunting. I would love to cancel our Directtv but that is under contract until June 2010. When he gets another job lined up, I may see what the cancellation fee is and just pay that and be done with it.

2 Responses to “Lower income means slower debt payoff”

  1. ceejay74 Says:
    1249398498

    I'm in a similar position regarding income and debt payoff. It's frustrating, isn't it?

  2. Caoineag Says:
    1249400907

    It is. I really just want to be done with the credit card decbt once and for all, and current events are just not cooperating.

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