After some ups and mostly downs, my family thought we were finally going to get out of the dismal living situation we've been enduring for 2 years I spoke about in this anon question
, but then life decided to completely derail, and I don't know what to do. Details inside.
posted by assasinatdbeauty to Work & Money (36 answers total) 13 users marked this as a favorite
Pertinent situation details - Family of 3, we have his daughter (who I love as my own) about 35-40% of the time. We make just enough to not qualify for public assistance (I've looked into it extensively), not enough to save any money. I have cut out everything that can be cut out of our budget, live as frugally as possible while maintaining a roof over our heads/food on the table, and paying off debts we have from the past one at a time to repair our credit.
Here's the (slightly edited for life updates/relevance) copied situation if you don't feel like clicking the link -
"We have had to live in a room at a friends house since January of 2012, and due to income vs. bill output/cost of living, haven't been able to save up for a security deposit to get into a new place. The house rules are pretty strict because the owner has severe OCD, we can't have anything of ours outside our room, and can't really keep food in the house. He also keeps the house insanely cold, for most of this brutal NE winter he's had the heat totally off - the only room that is warm is ours, so we tend to stay in there. Unfortunately our budget doesn't really allow for us to take our daughter out to do things when we have her, so we engage and entertain the best we can with what we have. There is nowhere else for us to live at present, there are no other family or friends that have room for us/can help out financially."
After posting that question (which had to do with ways to cope with her saying she wanted to go back to her moms quite a bit), we had the incredible luck of someone helping us out with a security deposit. We proceeded to start looking for places, and because of that cushion had the ability to start splitting up bills so we could start moving towards not living paycheck to paycheck. Everything was finally starting to turn around for us, when we got hit with the following triple whammy -
-My fiance's car suddenly required a major necessary repair that cost $1200 to keep it driveable.
-I got in a car accident from which the repair bill has been estimated (with second and third opinions) at $4800. That's with reduced labor and salvage parts. I still owe 12k on the car, and the damage did not total it. I could only afford the barest of insurance, and it will not cover any of the repairs.
-A medical issue of my fiance's was randomly aggravated (most likely due to the stress of the previous events, and a serious injury to one of his parents) which requires an out of pocket expense of around $1500 over 1.5 month's period of time, ongoing. It's not something that can be put off due to medical necessity.
I am at a loss as to what to do. We were able to cover the first car repair, which took away that cushion we were going to use to get a real home to live in. We are now down to one car, with him driving me to and from work every day, there is no public transportation that goes between where we live and my job. My credit is beyond poor because of the circumstances over the past 3 years, job losses, significant financial and life events, etc., and he hasn't had an opportunity to build any. We're working on trying to get him a starter credit card so that he can start to build some. The shop where my car is will not take payments, they require the full amount before they release my car to me. With the medical issue, we can barely keep his health situation from getting much worse as is until the treatment period is up.
All we want to do is just have some shot at a normal life, with a safe and comfortable environment in which our daughter (about to turn 4) can thrive. We do all the right things to get ahead in life with with we have. Before my car accident, I was looking for a second job to work nights to try to create more savings/safety net for us for when these types of major life events happen...they just happened before we could save up the money to lessen the blow. Fiance works manual labor 8+ hours a day, so a second job isn't an option for him, plus someone has to be around to be with Daughter and it, of course, should be him over me.
We'll be going in front of a loan revue board at a credit union next month to try and get a loan to cover some of the car repair, but even if we get approved with our poor credit and no co-signer, that's another monthly bill that I'm at a loss as to how to fit into our budget every month.
So, AskMe.... are there ANY resources out there for a family in our situation? I am just at a complete loss as to what to do at this point. I am unbelievably thankful for any suggestion/ideas you may have.