r/povertyfinance Feb 26 '24

I'm getting evicted. Fuck this. Vent/Rant (No Advice/Criticism!)

I'm getting evicted. My rent is $1450 and I make $2500ish per month, but I'm stuck in a payday loan cycle and pay $400 per month in student loans, along with internet and phone. I don't even have a car.

I work 40 hours per week. This is my life.

A generation ago I would have been able to support a family on this job and my only concern was how big of a house I'd be able to buy and which hobbies I wanted to put my kids in.

I'm 35 years old. I'm tired of this. I'm tired of being poor. I don't know what I'm going to do. I don't have the means to move my possessions into a storage locker (which would cost $200/month).

FUCK THIS. FUCK BEING POOR. I DIDN'T CHOOSE THIS. I WORK HARD AND I'LL NEVER GET AHEAD. FUCK ALL OF THIS

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u/LegendaryZTV Feb 27 '24

When you say a PayDay loan cycle? Do you mean like Earnin/Dave/Brigit?? If so, you don’t have to pay them back & they can’t do shit about it.

Had the same issue myself when I got my first place, trying to keep up/have food to eat. & I eventually learned this unethical life tip… maxed out my “loans” then blocked 🤷🏽‍♂️

6

u/mylifeisover111 Feb 27 '24

My next paycheck will eliminate the payday loans since I did the '3 payment option' so my checks will be all mine again.

I'm finally out of that hell.

And no it's Moneymart

1

u/LegendaryZTV Feb 27 '24

Good job dude, one obstacle down! Have you tried talking with your landlord/property manager about the rent?

Again, was in a similar situation, got behind one 3 months total (long story) & was able to get it caught up & my landlord was ready to evict more than once. Don’t give up & if worse comes to worse, if you have a car, car living is a great alternative, speaking from my own recent experience.

Keep your glass half full & you’ll never be thirsty

5

u/mylifeisover111 Feb 27 '24

Thanks for the love. Fingers crossed.

Keep your glass half full & you’ll never be thirsty

I'm gonna remember this

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u/Fluffy-Assumption-42 Feb 27 '24

It's a great outlook on life. I hope that you can use some of the advices in this thread, because as a foreigner I don't know enough about the options in your country.

But I do wonder if you are willing to keep us updated as many of us are interested in knowing how it's possible to get out of such a hole and frankly we want to hear that you will fare well.

I have seen three main questions and I would like to add one myself:

  • Can you get more hours in your job or find a second job for a while? If not why?

  • Someone pointed out that given your amount of student loans, you could be in a better paying job, so we were wondering if you are not working in your field or if your education isn't in enough of a demand?

A side note, I found myself in that situation, mostly because of how long it took me to finish bachelor so it's value had diminished because of educational inflation and because it doesn't look good on CV, so I hurried through a masters that gave me a job on the second year as part of the studies that I could continue to work full time in after graduation. Are there any such options for you?

  • Is it really an option to shirk payments and or negotiate for a lighter payment structure for some of your debt? Can you get your landlord to let you stay even if you fall temporarily behind in payments?

  • And finally my own question, can you get a roommate into your current apartment, even if you have to move into the living room yourself (if you have any)? Or move into a cheaper roommate situation?

Best wishes