Sorry to hear about the rough times. I hope things get better for you.

The only advice I can give, and probably the best advice that many people never hear:

Get out of your debt, and never touch another loan in your life. A house, a car, these things are not "investments". You are better off renting and apt. and riding the bus before you take out a loan. Biblical speaking (for those to whom it is applicable) we're not supposed to live beyond our means, and our definately not supposed to be debtors.

My wifes parents rented until their mid-40s and just bought their first house amidst this chaotic economy. But you know what? They now own their cars, and own their house. No payments. No stress. They're very happy.

Take my parents on the other hand, they took a loan out on a $400,000 house around 05 and are now upside down and owe $350,000 on a house worth $220,000 in the current market. Luckily I talked them into short selling it and renting. Atleast they won't be a slave to some banker.


Many of us had to learn the debt lesson the hard way. Take my advice and the above examples.


Live debt free. Be no one's slave.

BigBear, it seems like you have your head on straight early enough in life.
I'm sure everything will turn out just fine for you.

Lastly, if you are so inclined, check out Matthew 6:25-34. Great words of encouragement in hard times.