>be me
>be employed by Federal government for two years
>want to convert garage into bedroom and bath to rent it out
>would pay for itself in 13 months
>take out $10K loan at 14% interest.
>hate commute
>get new job and quit old one
>1 months into new job I get laid off.
>can't find job I'm qualified for above $13/hr
>Now living off savings and the $10K I borrowed.
>First payment of $250 due this month.
SHIT. What do I do?
btw, I also have a mortgage payment of $2,300 a month.
>>1705111
Oh, and old jobs paid me $18.52 and $20.03 per hour, respectively.
>>1705111
well find a job is the only reasonable thing you can do
>>1705111
Whatever you do, DO NOT FIND A JOB.
This is considered a bad move when you have many financial obligations.
I suggest doubling down on the loan and trading small-cap biotechs.
If that fails, just consider bankruptcy. It has become very honorable to declare that you cannot pay any of your promises back.
Or you know....kill yourself.
>>1705149
>I was hoping that there's some way to get out of debt without paying it back.
it would cost you everything probably not worth it over shitty 10k, how about you finish what you planned for and rent the shit out to be a source of income?
>>1705152
>how about you finish what you planned for and rent the shit out to be a source of income?
I've already used half of it to make my mortgage payments and repair existing plumbing problems that could no longer be ignored.
>>1705164
yeah but now you have free time get creative cut back on costs and get it done while you look for jobs. usually if you put in more effort you can save money on these refits.
>>1705111
>and this is children why you should always have enough savings for 6 months of expenses in full...
Are you collecting unemployment?
>>1706456
I just applied.
>$2300 mortgage on $20/hr
bait or retarded
>>1708233
I live in SoCal. That's how we live.
>>1705111
>I also have a mortgage payment of $2,300 a month.
housing crash 2: electric boogaloo coming in 2017 to a community near you!
>>1705111
>makes $20/hr
>lives in California
LUL