Hi Max, this is 71 Nova's wife. He shares a lot of the posts w/ me and this one has been of particular intrest. I sympathize with you in many respects. I have a BA in Psychology, and I know how it feels to be intrinsically rewarded for making a difference in the lives of others. Your work is a blessing to so many people and it seems like you really take a lot of personal benefit from it. My suggestion regarding the camaro however is not to sell it. It seems like there must be some other way to make your finances work. If I were in your position I would probably start by trying to reduce my student loan payment, then look into refinancing my home or something along those lines. Your car is like your career, a source of passion in your life, it gives your life more meaning. I know my husband would be really depressed if he did not have his nova, and I would never want him to sell it. We want to keep it as long as we live, and I hope you keep your camaro just as long. Well best of luck to you. Take Care!

mental health jobs
 

I hate to tell you, but mental health positions never pay well. :( You get into the field for other reasons, not financial gain. You just have to learn to budget for the hobby. Trust me, I am a licensed mental health addictions therapist. Good luck!

Cami, wife of Markus

Dont sell the car. You will regret it for the rest of your life if you part with it this way.

Talk to your loan company. Usually you can work out a better payment plan. It may cost you more in the long run, but it will keep you going until your income increases as you advance in your field.

Take a second job if you need to, but dont sell the car unless its the last resort and you've looked at every other way to keep up financially.

Even if you sell the car, it sit going to pay off ALL of your loan ?? Or is it just going to give you some breathing room for awhile before you are right back where you started ??

I am really sorry to hear this!! I know the horrible reality of college loans (all 75k so far with a year to go) and hearing that its making you consider giving up your car is just terrible!

Have you negotiated a lower monthly payment? Consolidated at a lower interest rate? Even threatening Bankruptcy could have an impact, although the bankruptcy laws have really changed alot in recent years.

I know its not an easy choice, and I know people will tell you to sell it and get another one later. But this is your car! Good Luck!!!

Tim

Local guy sold his 25K Nova for $15K to: "pay down debt" He thought 15K was a ton of money and it should make a difference.

Reality check: bankrupt, house is gone, credit is ruined AND his car is gone. If he had kept it he would still be in the same boat.

20K-30K is a pisshole in the snow in the big scheme of things. I would say work through it somehow.

Sounds like you have a pretty decent salary potential. Maybe you just need to stick it out a few more years? In the meantime, what about taking on a renter?

Yep, i'm aware, i knew this going in, but i never thought it would be THIS bad... You'd think logically that 6 years of college would net some gain, nope.

so you are an LADC? Thats some stressful work, i work with some CD issues but mostly SPMI, TBI, SMI and MI laced with some CD.

Once i become licensed money will be much better than it is now.... I'm taking my first licensure test in January and making payments on the test now. The dang test is $500! :willy: Like i have that kind of money!! YIKES!

Thanks everyone for the support, i'll keep you updated as i get more information.

~Eriq

I'm not trying to be a jerk, but when i said "house"... i meant 'townhouse'... its a 2 bed, 1.5 bath 1 car garage little stall of a house. I wish i could take a renter. But i think the wife would have something to say about that. :(

Ya, I guess that wouldn't work out very well. How about having the wife work a second job? :D

HAHAH Wow, that would go over just as well as the renter!! I would be out of the house and she'd get a renter in my place!! LOL

I've thought about getting a part time job on the weekends. I know auto parts management very well and could easily get a job doing something like that.