Money, Struggles, and i just really need advice please

Question

I know this is one of those questions that probably no one can answer but maybe I just need a little bit of advice or someone to say it will be okay. I don't know.

My fiance and I are struggling to make ends meet money wise. We are very smart with our money but it just seems to break us rather than make us. We just barely cut by to pay the bills and the rent and I hate that things are that way. We both work and in desperate needs both sets of parents are their to help out in anyway they can. However, I just feel horrible when we need to ask for money for a bill. It was a worry before, but now I have a 7 week old baby who has become my world and I am scared we will not be good enough for him. I try my best and so does my fiance but sometimes it just seems that our best is just not quite good enough. We are always worrying about money to the extent that it has taken over all of the good times we love to have with each other. We are not working stupid restaurant jobs but he is a worker for a high end cable company and I am an administrative assistant for an oil field company. We both work over 40 hours a week but we have not graduated college. I need help from my stress. I need someone to tell me things will be alright. Please does anyone believe this?

Answer 1

you need to change the envirment you are living in....go back and live with parents until you can build up money  

Answer 2

Things will be Okay, because millions of other people are experiencing the same thing and feel the same way.  It's tough to make it in the world.  And it only gets harder when you add another to the family.  Congratulations by the way.  

It's hard living on the very limits of your means and sometimes even extending beyond those means.  And it is hard to ask for help.  It's good though that your smart with your money, when you say this I assume that means your credit scores are still within a good standard.  

If you don't like living at the limits you have a few options besides looking for higher paying jobs.  Such as cutting down on expenses.  Is it possible to move into a cheaper house / apt?  Lowering your payments or lowering rent can definitely help the overall financial situation.  Also just being cautious with your electric bill and cutting out unnecessary stuff such as Cable TV.  Also just going on a budget life plan (not eating out, not watching movies, etc) for a 6 month stint or longer will give you guys a nice cushion for the future.  

I'd try to stay way from loans, but considering the new baby and new necessities you might look at a small loan to help you through this time.  If one of your parents is in a comfortable situation, you might ask for a personal load.  That way you are not asking for just one bill here and there, you are asking for help one time.  They'll understand, I'm sure they've been there or have witnessed the situation before.  

Everyone knows, that once you get too far behind on money, it's soooo difficult to make a comeback, so make sure you don't get to that point and everything will work out and be FINE.  

Answer 3

First of all, get out of the house now. Those chemicals can seep through and affect you and your baby. Most crack houses have to be torn down because they are just too contaminated. You are putting your baby's health at risk staying there. You would be better off moving in with parents or even a motel if you have to.

Now to your question. You are a prime example of someone who needs to  take control of your money. You need to first of all, talk with your fiance and get on the same page as him or get him on the same page as you. If you are paying only $300 a month in rent, paying for no luxuries, and both are working then something is not adding up. Even at minimum wage, with two full time jobs, that is still more than  six times that amount; more than enough for utilities and groceries. Write down your income for a whole month. Now write down your expenses and subtract them from your income. Be sure to include groceries, gas, personal care products into your expenses. Now look at what is left over, that is the money you have to work with. If there is nothing left then you seriously need to reevaluate your expenses and trim off any excess. Always pay rent first, groceries second, water and electricity next, followed by transportation expenses. Anything else is a lesser priority. When you write the budget FOLLOW it to the T. You should be fine if you take control of your spending and dedicate yourself.