Money issues got me stressed as h**l....what do I do, I cant take anymore?

Question

Money issues got me stressed as h**l....what do I do, I cant take anymore?

Answer 1

Go to a debt consolidation or c.a.b for advice

Answer 2

Life is way to short to stress about money. Enjoy life with what you do HAVE and stop stressing about what you DON'T have.

Answer 3

Go get yourself help. Find a financial adviser and get yourself a plan to help with money management. Also, If you have credit cards than find a huge pair of scissors and CUT THEM UP!!! A very safe practise to follow is~ if you cannot pay for something with money in your hand, than you cannot afford it and therefor should leave it alone. Trust me, I know what I am talking about~ I maxed a credit card twice and suffered for over a year with the problem of getting it, and everyone else paid back.

Answer 4

I used to be that way too but in the last year that has all changed.  I got turned on to Dave Ramsey and have since then paid off almost every bill I had and also have a nice amount saved up.  He will teach you how to get out of debt and once out of debt how to build wealth.  It's real not some scam like most of these other postings.  You can go to daveramsey.com and that will help get you started.  Best of luck

Answer 5

I would suggest you speak to your doctor, who can refer you to a counsellor that give you advice on how to manage your money, employment, anxiety management.

Also you can try this web site:

http://www.moneysavingexpert.com/

You could also try looking at some relaxing techniques on the internet, or joining some online chat forums that have other people talking about similar things. Facebook generally has a group for everything, so you could try that.

Hope that helps a little.

There is always something you can do, don't give up.

Answer 6

get a stress ball

Answer 7

I wish there was a way to not worry about money. I hate this country...

Answer 8

When I lived in TN I got turned on to Dave Ramsey.  He has baby steps to follow and lots of advice.  You can listen to his shows online.  He is very simple and easy to follow.  Please don't stress, I understand how you feel.  Dave says first you have to take care of food and shelter so that means paying your electric bills and mortgage.  Don't worry about the credit cards as first priority.  You also need a budget.  Please go to his website, check it out and listen to some shows.  He has helped a lot of people and can help you figure out your "debt snowball."  Don't listen to the scam artists.

To listen to the show:

http://www.daveramsey.com/radio/home/

Here are the baby steps:

http://www.daveramsey.com/etc/cms/index....

You can also search your specific question and it will lead you to a radio show that answered it.  Good luck!

Answer 9

1. Make a budget. Make the budget a week before you get paid. A budget is not a punishment! It is a tool which will free you from ever having to worry about money again. Put everything in your budget. Especially those annual, biannual, or quarterly bills like car registration, insurance, etc. Give every dollar you are going to bring home the name of where it is going. Add an "emergency fund" category to your budget for 25 dollars and save up until you have 1000-1250 dollars. Your emergency fund will help keep you from getting into new debt because of an emergency. If you can, set up a direct transfer to a savings account for your emergency fund. That way it moves automatically and you don't even have to worry about it. You must cut your spending and live on less than you make.

2.First get current on all of you debts and make no more late payments. Stop using your credit cards immediately. Do not take on any more debt. Credit cards are like quicksand only the death is much slower. Make a list of all of your debts in order of highest interest rate to lowest interest. Use cash only for your spending from now on.

3.Pay the minimum due on all of your debts and then put your extra money towards paying off the highest interest one first. After you get that one paid off, you put the money you were paying on debt #1 (the minimum payment and the extra payment) towards debt #2. That will pay debt #2 off faster. When that is paid off, you put all three payments towards card #3 and that one will be paid off pretty quickly. As an example:

To start :

Debt #1 (highest interest): minimum payment+ extra payment

Debt #2 (middle interest): minimum payment

Debt #3(lowest interest): minimum payment

Debt #1: paid off

Debt #2: minimum payment from Debt #1+ Minimum payment from Debt #2 +extra payment

Debt #3: minimum payment

Debt #1: paid off

Debt #2: paid off

Debt #3:Mimimum payment from card #1+ minimum payment from Debt #2+ minimum payment from Debt #3+ extra payment.

That way, you will get them all paid off, on time, and pay the least interest. It will also help towards rebuilding your credit since you will no longer have any late payments. This works no matter how many different debts you may have.

4. After you get all of your debts paid off, add to your emergency fund until you have 6-12 months of income saved up. Put that emergency fund money into a liquid money market fund or into a Bank of America no-risk CD so that if you need the money you can take it out without penalty.

5a. When you have your emergency fund in place, add a category for "fun" to your budget. Save for a holiday, a vacation, a big screen, or dinners out, whatever goal you want. Remember to enjoy your life.

5b. When you have your emergency fund in place, start saving for your retirement. Join the 401(k) plan at work and contribute the maximum. Your employer probably matches at least part of your contribution so why give up free money. Open a Roth IRA and contribute the maximum on a monthly basis. If you start saving for your retirement now, you will probably retire a millionaire.

5c. When you have your emergency fund in place, start saving for your next car. Only buy cars, or other things that depreciate, with cash. Save up for a nicer car. That way you get the interest instead of paying the interest.