(Closed) Stressing over money/bills…..

posted 7 years ago in Money
Post # 3
Hostess
18637 posts
Honey Beekeeper
  • Wedding: June 2009

I think you need to have a serious conversation with your FH first of all.  It sounds like you have different money styles since you always pay your bills on time and he has lots of debt.  You two need to figure out how you are going to work the family finances.  Are you going to have a joint account or seperate accounts?  I personally would be nervous about combining accounts with someone who had a problem with spending until you figure out a way to get the spending under control.

Post # 5
Member
1724 posts
Bumble bee
  • Wedding: October 2012

Check out Dave Ramsey’s website. 

Post # 6
Member
121 posts
Blushing bee
  • Wedding: April 2012

I’m a worrier too and my Fiance and I have much, much, much more debt from student loans. My suggestion (Though it hasn’t stopped by worrying, it does help limit my stress) is to remember that we do have a plan, even when it seems too difficult.

Post # 7
Hostess
18637 posts
Honey Beekeeper
  • Wedding: June 2009

Oh sorry for getting confused!

I loved Suze Ormans book Young Fabulous and Broke.  I think it could really help you out.

I don’t worry as much now but I still watch my accounts like a hawk and log into them practically every day.

Post # 8
Member
1036 posts
Bumble bee
  • Wedding: September 2011

I think that sitting down with Fiance and writing out a budget would help you calm your worry.  Set one up in excel for the next year, so you can see clearly the money in and money out plan.  You sound a lot like me in being organized with money, and actually having that tangible file I can look at and update as I pay bills helps me not stress about it.

Post # 10
Member
600 posts
Busy bee
  • Wedding: May 2012

I have $40,000 in student loans and Fiance has $7000… that is NOT bad debt… it seems like a lot but that is less than 20% of the entire tuition costs, so its not too bad – but it is SCARY… it seems like we will never pay it off sometimes..

and now with the wedding, the majority of our extra money has be set aside for the wedding costs… so we arent paying our debt down as quickly…

my advice for you is not to worry as long as you can make the monthly payments… if you are having a hard time with the payments contact the loan holder immediately – they wantt heir money back so they WILL work with you… the worst thing you can do is pay nothing or ignor the problem…

If you dont have any extra to pay them down faster try paying smaller ammounts more frequently… like a little bit from each check… our mortgage company showed us how much we can save (like 10% over the life of the loan) just by paying the same amount biweekly instead of monthly… it is amazing!

If you have extra money then check out Dave Ramsey’s Debt Snow Ball method… pretty neat!

 

good luck hun!

Post # 11
Member
560 posts
Busy bee
  • Wedding: October 2011

I litterally just posted a thread about how I’m stressing out about finances…..and I have no idea how to cope…:-( good luck

Post # 12
Member
1090 posts
Bumble bee
  • Wedding: October 2011

oh man, totally feel you! I guess I never even thought about student loan debt as *debt… there is nothing I can do about it really. I mean pay my 400.00$ a month until we can afford to put more towards it… hoping it will be paid off before the 15 years that I have left on it. School was expensive, and I just hope I can find my true career and passion soon. sigh!

Post # 13
Member
5110 posts
Bee Keeper
  • Wedding: November 2011

I have no advice, but maybe just breathe. Easier said than done I know. I too am a stresser by nature! I always am doing and re doing our budget! I work at the bank too, so I have access to seeing every activity on our account… OMG you would think that would be good but its not lol. You just need to come up with a plan to pay your debt down faster, so you dont worry about that. Then it sounds like if you are paying bills on time or early that you are having enough money to get everything done and paid for, just use a calender or your phone or something, and keep organized so you dont need to stress daily, and you just know when you need to complete a task or pay a bill. I hope this makes sense I feel as though I am rambling.

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