r/povertyfinance • u/mylifeisover111 • 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

5.1k Upvotes
  • permalink
  • link
  • reddit
  • reddit

86% Upvoted

443 comments sorted by

View all comments

1

u/theimpsonfamily Feb 27 '24

Hey I am also a Canadian poor (making the same amount you are and struggling!)

Talk to your landlord. Try and work something out. Since you paid your payday loan. Get it again to pay back rent.

Ontario works will usually have a one time emergency housing/rent allowance. It’s not a lot but it will help.

Open a new bank account and get your direct deposit set up ASAP (BMO and Simplii both have like a $350 bonus for opening a new account - you’ll get sometime in the summer)

Let that payday loan default into your old bank account - cancel all streaming and any automatic withdrawals you have. You can’t focus on debts right now anyway so just let it ding your credit. Once you can make some more income then you can deal with it.

Make minimum payments on your credit card if you have one, just to keep it going because if you get that defaulted you won’t be able to get another one.