The Spark
New Contributor
I am 22 years old. I just graduated from college with random go no where degrees. I threw the degree to the wayside and got a corporate sales job. Big potential with base salary and good room for promotion. I AM IN NO WAY LOOKING TO JOIN THE RAT RACE. I intend to use this as a means to get by at the moment and to build my bank account.
Debts and hell:
A family member used one of my credit cars and ran up 4000 tab on one and another for 1700 give or take.
I am now in roughly 4500$ debt in CCs. I have already dropped 1500$ of my weak savings account that I have been building for the past 2 months from my sales job.
(family member gives me very small amounts of what they owe me)
I have 27000 in loans under my name coming in starting in november.
I need to buy a car in a month or so.
I have roughly 5000$ to my name.
My credit is destroyed from family member to the tune of about 630.
I have been beaten down at the very beginning of my free life.
What I am doing at the moment to try and rebound:
I am visciously learning Internet Marketing techniques and am hoping to bounce off of that at somepoint soon when I decide to take proper action.
I am banking my checks and barely spending any of it from my bi-monthly pay days.
I live at home so I pay no rent
So here I am with at least 30,000 in debt to my name with another 10-15k coming soon with a car.
My plan is to "create capital" over the next 2 years while at the same time pay down my debts....
I will continue to bank my checks while living at home and begin to educate myself on money making techniques such as Internet marketing, I will attempt to find some sort of niche I can begin applying to.
How can I rebuild my credit?
Where do I go from here so I don't let debt start to pillage my life?
Where have some of you started to create capital to pay down debts/ build up your bank accounts?
I just need some serious direction as I feel as though it is me against the world.
I keep my head up everyday and although life has thrown me my fair share of curveballs I am thankful that there is a roof over my head (barely) I have a degree (for what it is worth) and a job (income for now)
Advice? Guidance? Help a young gun who has his aims set for a higher place but has been with some rough spots
Debts and hell:
A family member used one of my credit cars and ran up 4000 tab on one and another for 1700 give or take.
I am now in roughly 4500$ debt in CCs. I have already dropped 1500$ of my weak savings account that I have been building for the past 2 months from my sales job.
(family member gives me very small amounts of what they owe me)
I have 27000 in loans under my name coming in starting in november.
I need to buy a car in a month or so.
I have roughly 5000$ to my name.
My credit is destroyed from family member to the tune of about 630.
I have been beaten down at the very beginning of my free life.
What I am doing at the moment to try and rebound:
I am visciously learning Internet Marketing techniques and am hoping to bounce off of that at somepoint soon when I decide to take proper action.
I am banking my checks and barely spending any of it from my bi-monthly pay days.
I live at home so I pay no rent
So here I am with at least 30,000 in debt to my name with another 10-15k coming soon with a car.
My plan is to "create capital" over the next 2 years while at the same time pay down my debts....
I will continue to bank my checks while living at home and begin to educate myself on money making techniques such as Internet marketing, I will attempt to find some sort of niche I can begin applying to.
How can I rebuild my credit?
Where do I go from here so I don't let debt start to pillage my life?
Where have some of you started to create capital to pay down debts/ build up your bank accounts?
I just need some serious direction as I feel as though it is me against the world.
I keep my head up everyday and although life has thrown me my fair share of curveballs I am thankful that there is a roof over my head (barely) I have a degree (for what it is worth) and a job (income for now)
Advice? Guidance? Help a young gun who has his aims set for a higher place but has been with some rough spots
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