Something else to consider that could actually help

pay your mortgage off earlier and for far less. Do your budget based on every two weeks. It takes a bit to get into the grove of it, but trust me it will save you money.
Pay your mortgage the payday closest to the first. An example: is our next payday is the 26th and our payment isn’t due until the fifth. But we go ahead and pay it on th3 26th and save 10 days of a higher average daily balance. Most mortgages the interest is calculated on the average daily balance. So if you lower that average by paying early you pay less interest. Less interest to be compounded into the over all debt (raising the average daily balance) over the life of a mortgage this can save 100’s/1,000’s depending on the length of your mortgage and your interest rate. (see my post on my blog about average daily balances—link below).
Another advantage of an every two weeks budget instead of a monthly budget is you set it up so that you are actually paying more often on debts in the long run. That’s how I ended up paying that BOA early last month because of the every two weeks payments I was able to pay the final payment earlier because I was paying on the bill every two weeks rather than twice a month (26 payments rather than 24 payments).

The standard procedure each month when making the budget was:

1)aim to not take money out of any savings, except for earmarked items from the sinking funds

2)all the normal bills come from DH’s steady paycheck

3)farm projects and extra farm costs along the line come from farm earnings

4)if we get through the month and successfully cover gotta-pay items without spending our full allocated amounts, then we can start to get wantta-buy items with the leftovers. OR, those leftovers go into sinking funds.

Sound reasonable?

Sorry it has taken me so long to post this

I knew a lot of you knew what was going on from facebook. We planned our date night at home. Saturday morning I was feeling cruddy. So we spent the day being lazy. Hubby picked up kids that evening from babysitter. They weren’t home two hours and I felt light headed. Hubby got kids to babysitter and was only gone 10 minutes. By the time be got back I couldn’t even walk. We got to the nearest hospital 10 minutes later. My heart rate was 186 and my bp was way too low. I started to majorly hemorrhage . I had a cyst rupture and it took them three hours to stabilize me for surgery. I ended up having emergency surgery and two blood transfusions at midnight. I lost a huge amount of blood to the point I could have died.I was lucky enough to have been in the hospital where they had access to things to help. I am home now and on couch arrest for two weeks . I am doing way better. It just takes time to heal and build blood volume. Our emergency fund will cover the 20% we will owe on the bill. I hope anyway. If not we make payments. I also asked for a cash discount. We just have to wait for the bill to come and go from there. I am just glad to be alive and with my kiddos. 😉

I wouldn’t file bankruptcy, would work with my plan

I know it can be frustrating and very hard but you have to start somewhere and get a determined mind to work your way free.

Generally your bills are sold to collectors a few times before you are sued or garnished. That process can very well take years. All time to work your plan and get some of your credit debt into your snowball.

I am going to have to encourage you to take the first step of opening your bills and determine how much you owe. Also, you must make your budget, determine how much you have incoming and where it goes.