Did you go into debt over the holidays?
Posted By: GabbyChick on 2009-01-15
In Reply to:
C'mon, fess up!
Did you use credit to buy things for the holidays, or did you pay in cash?
I'm happy to report that for the 13th year, we paid in cash.
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Probably a lot of MTs do that who are alone on the holidays. sm
I live alone, but am not alone, and celebrate with my family. I just get in a few hours before light is up. And maybe some later on in the evening. It works out fine. 24 hours in a day, after all.
As far as holidays go
I don't have a problem with kids being taught about different beliefs, but don't take down Christmas decorations, just add some for the other religions. Before I get blasted - this is way I feel this way:
When I was in elementary school, my best friend was Jewish. At Christmas, when she didn't participate in gift-giving, etc., it was awful for her. The kids used to tell me "don't play with her, she's weird". And when we were all singing Christmas carols, she would be in the corner doing her own thing. How awful that must've been for her!!! I don't see why my teacher shouldn't have been able to let my friend tell everyone about how she celebrates. Again, I know some don't agree, but my little friend's face when she was left out is forever burned into my memory!
Holidays
My family is spread across three different states so it is very rare that we get together for the holidays. Most holidays are spent with my husband's family which is absolutely fine because they are wonderful people who make each and every holiday a special one.
Honestly, this year, I am not worried about spend, spend, spend so much as being grateful for what we have this year as 2008 has brought a lot of lessons and blessings into our lives. I will be making homemade gifts for family vs. buying expensive presents. It is the thought that counts after all.
Holidays
I too am dreading the holidays this year, especially Thanksgiving. My son committed suicide last year the Sunday after Thanksgiving. I want to do something different this year than last. My mom wants to go out to eat and my boyfriend wants to cook at home. I can never make them both happy. Christmas will be a challenge too as my boyfriend is laid off. Luckily, my family is small so there aren't a lot of gifts to buy.
working holidays.
I am working Thanksgiving, schedule just fell that way. As far as Christmas goes, I'm am also scheduled to work, didn't request it off, but I work 3rd shift. I did request to work Christmas Eve and New Year's Eve to have a couple of days off for my brother's wedding that is 12/30. Working holidays doesn't bother me too much since I'm 3rd shift, but I could see how it would be a pain for those who are required to work and work days or 2nd.
working holidays
I'm right there with ya! Love that holiday pay! lol
Sadness at the holidays sm
Hi, tried E-mailing you but they would not accept it. I have had horrible Christmas stories such as yours, with parents, a younger sister dying and a dear pet who got killed on New Years Eve. One New Years my husband was in a horrible accident and I had to care for him at home in a hospital bed, then 2 mos. later my trusted surgeon diagnosed me with breast cancer. I am not a born again (although there's nothing wrong with that) but I do believe in prayer and that when you're this low only a higher power or spirituality can get you out of it. You can't do it alone. Just venting on the board should help you. Just know that others have walked in your shoes and relate to you and hopefully are praying for you as they read your post. Believe me, although all looks pretty bleak right now, you will come out of this and things will get better. My thoughts and prayers are with you this day. I had a horrible day yesterday. One of my DIL's has been giving me a hard time for 20 years and she did it again to me and is coming tonight. I went to church alone last evening and prayed for the grace to get through this evening. I lit a candle and prayed to St. Jude (the patron St. of the impossible, I believe). I am not angry anymore and I know I can face her with dignity and strength, no matter what else she does to me. She's a bully and I feel sorry for her, that she can't see how bad she is. I know I'm going to be okay. Your situation is different, I know, I lost my younger sister to cancer, the Christmas was awful knowing she was dying. My Dad also was on Hospice at Christmas and my whole family was fighting. But I'm here this morning writing to you and praying that you will find the strength to get through it all. "Whatever doesn't kill you makes you stronger" and that's the truth! All my best, and a prayer from my lips to God's ears for you, your family and your pet (I love animals)! God bless you. Still kicking and well - 6 years out, docs scratching their heads - ? misdiagnosed).  There is something greater than ourselves out there - just ask for strength - you'll get it, you'll see!
Man-made holidays...
but you are all so quick to forget that the Bible from which you quote from was in fact man made as well.
And if we are to only quote by the Bible as to what rules to follow to get into Heaven, you exclude a ton of other religions who believe they will get into Heaven or where ever based upon their man-made books as well!
Is the Bible the only true verse? If so, then Christians are the ONLY true believers and will be the only ones to get into Heaven. Bull...
Like I always said though, whatever floats your boat.
Me personally, I do not want anyone in my room preaching to me on my death bed unless I personally asked them to do so.
You mean the glitz is only for the holidays?
Gosh, I have sweaters and blouses I wear some of them year round and they have the bling aspect. I love it.
celebrate the holidays!
You are a very mature, thoughtful person. Just enjoy the holidays and if he is as mature as you are, it should not matter. Go celebrate!
For holidays in my family-
My family, which consists of two brothers, two sisters, many nieces and nephews who are all married and have children and my son, daughter-in-law and granddaughter, started several years ago having our Thanksgivng and Christmas holidays on the Saturday before the actual holiday. That way, they can all stay for the day and then spend the actual holiday with the other side of the family. It works out really well. We really enjoy having everyone stay for the day and they don't have to run around on the holiday either.
My husband's family is another story, ugh! We are expected to be there on Thanksgiving day at noon, Christmas eve at 6:00 p.m. for an immediate family Christmas and then Christmas Day with the entire family. In addition, I always work Thanksgiving and Christmas. It makes for an exciting couple of days. They won't change anything...it's family tradition. Whatever!
Good luck with your plans.
upcoming holidays
Does anyone get stressed out and/or depressed during the holidays? I am already starting to feel down because of finances and the stress Christmas puts on us to spend spend spend, and also just family issues. I never had a Hallmark family, that's for sure. The whole thing is kind of depressing to me.
Holidays - Bah humbug!
I have nice holiday memories. My mom was not the Martha Stewart type but they were filled with lots of food, friends, and family. Very happy times. This will be the first year that I cannot go home for the holidays. We will still spend it with my husband's family but it is not the same for me.
I am also stressing about the holidays because his family is all about the presents and I grew up differently. His family says they are cutting back this year but I wonder what that means. To them, it is probably only $500 per person. I know its the thought that counts and you should only do what you can but I still feel bad and guilty if we cannot do for everyone else. I have suggested putting a limit or drawing names or making gifts to exchange but they look at me like I speak a foreign language.
This is the first year my husband and I will not exchange gifts for each other and our son won't get much either. To top off the financial crisis facing the entire nation, we are also expecting a child in the very early spring so that has added to our expenses and dipping into our savings.
For me this winter came very quickly as well which does not help. I haven't had time to ease into my least favorite season. It's been so gloomy the last few weeks I am glad that I don't have to leave the house to work but know I should leave the house occasionally to feel better. I just want to be a scrooge right now. Soon enough I'll have to put on the happy thanksgiving face to spend the afternoon with my in-laws while missing my family.
Birthdays with holidays.
Sometimes I like that the birthdays are around the holidays because then I can buy extra stuff and look at it all and decide how to split it up between the 2. Other times, like this year, we don't have much $ so I would really prefer them to be separated more but can choose that one!
My husband normally leaves the lights on all night. Turn on when he gets home from work and off in the morning...not this year. I think its reasonable to just do a few hours each evening. I don't think we'll put up as many as we normally do either. Usually we line all the windows, roof, bushes, etc. Probably keep it simple this year.
Holidays are hard
My parents were divorced so my sister and I spent many years shuffling between two houses. When we each got married and had our own families the situation got even more complex. My parents are now deceased and my sister and I are estranged (even though we live in the same town), so in some ways life has gotten simpler. I still get very emotional and depressed around the holidays because of my dysfunctional childhood and negative expectations, but I don't have as much guilt and stress anymore.
My husband's parents and family are back in our hometown 600 miles away, and for the last few years he's gone back there for Thanksgiving and/or Christmas with our youngest child. I don't begrudge him that because his folks are elderly and I don't want him to have any regrets later. I can't go with him because we have a lot of animals to take care of, and frankly, I'm really comfortable just hanging out at home with them anyway. We have adult kids too, and two grandchildren, and I encourage all of them to live their lives without the burden of guilt and feelings of obligation. If they can come by and have dinner or visit that's great, and if not BIG DEAL. Honestly, it's just a day. Things got easier for us when we realized we didn't necessarily have to celebrate a holiday on the exact day it was scheduled.
I really understand your not wanting to let your mom down, and I would feel the same way. Your husband is a big boy and has made a choice, so that's on him, not you. He's probably being a bit immature and stubborn on this one. I hope you'll extend the invitation to your husband one more time, then go to your mom's and enjoy yourself whether he comes along or not.
Might do that one day, but have some debt to get rid of first - sm
So putting out $6500 for a TT will have to wait; in a year I may be able to think about it, then save up the $$$ for it. I have done some research into this and know I first have to lose the weight and be stable at my goal weight for a while before I can have that done if I want to do this right. Guess I will just have to wait and see just how bad it looks after I shed the 70+ pounds. Feeling good right now, just went outside did some yardwork that I usually never have time to do (really didn't now either but work can wait), felt good to be active for a change, though I must now sit on my big butt and work for the next 4-6 hour! My thing is that I have to get more physically active, sit way too much!
Out of debt
Congratulations!!! Isn't it a wonderful feeling?
debt
I agree with transferring to 0% when the offers come. I have been doing that for years. Now, I just got an offer for 6.99% for the life of balance up to 12,000 dollars. Going to take that offer, (we are going to remodel our main but small bathroom) and pay off 2 1/2 cc; then what is left over, oh, and going to give my hubby 1000 to get out bike out of shop, so, what ever is left over, which should be 6 to 7000, will redo bathroom, payments won't be bad, like 190 a month and don't use your cards for a good while, just steadily pay. Hope this helps, and life is too short to stress over bills. Keep them in mind but at the same time, think of what you have. 
We clerical help to them. Yes I work holidays, sm
because I enjoy and count on the holiday pay. But I NEVER make the mistake of thinking that I am really a part of patient care, or my immediate turn around of a document is that important. It is important to the bottom line of the company, but not to patient care. There is absolutely nothing I produce, even in producing documentation of trauma or critical care, that has anything more to do with anything other than company profits. I come to believe this when I get reports, simple discharge summares, on patient who were discharged months ago, and the doctors mark it as a "Stat". LOL. ok. If you think you are that important, then you have been conned.
I never work on major holidays...
because I work for a small company that closes for all major holidays. I've been with them for almost 2 years now and they are definitely one of the best! They even send me a Christmas gift every year! I would never sign up to work for a company that was open on holidays, as I have no desire to work on holidays.
Since when do men deal with all the details of holidays and
x
With the holidays fast approaching...
I am wondering how your kids found out about Santa. My son has never led us to believe he doesn't believe, although we have wondered since he is in middle school now. I found out that he told a young cousin about the truths of Santa, E. Bunny, etc. My husband and I feel like we should approach him about this, not with the intent of being in trouble, but just to let him know that he shouldn't spoil it for the younger kids. Under the circumstances, I think he said it to be spiteful because he didn't want to go to bed for the tooth fairy to come.
I know as a child I was afraid that the holidays would cease to exist if they found out that I (the youngest) knew the truth. It was my older sibling who finally talked me into spilling the beans so no one had to get up early in the morning. I wonder if it may be a similar circumstance. Normally he is very open and honest with us and asks questions and discusses things that most other kids would find embarrasing, etc. He is a very good kid and I was very surprised to find out that he did this.
I am totally out of debt -
house, cars, motorcyles, credit cards. Everything!
It feels great!
Paying down debt
It is getting harder to make ends meet because of all the straws in our bank account. I have 17k in CC dept alone. It is with 4 different CC companies. One CC has $200, #2 has about 4K, #3 has about 2K, #4 has 10k. The 10K one has a 15 % APR, the others I believe range from 24% to 29% APR. My biggest monthly payment is my house and I owe only $4700 on it and it has 6.3% APR. I sold some things and am getting $5K and that will be enough to pay off my house. I would love to finally, officialy own this house and get rid of that $350 monthly pmt, but I wonder if I should not pay down on the CC because of the high interest rates. Any opinions. TIA.
Paying Down Debt
I feel you, believe me. First, Bravo to you for facing this. That's the hardest part. I think if you are so close to paying off your house, you wouldn't want to take out yet another loan against it. Additionally, the interest rates aren't that great. What is the total of payments you are making on your credit cards? If you can slap that 5000.00 on your debt first on all of the higher interest ones perhaps paying some of them off. That will free up extra money to put on the rest of your credit cards. Then once the credit cards are paid off, you can then work on the mortgage (I WISH I had your mortgage..). Also we work in an industry where it is easy to pick up extra work---have you thought of that just to get extra money to pay off the debt? That's what I'm trying to do. Things are just so bad right now. Good luck, hope this helps...
credit debt
Wow thanks for all the good tips.
As this got off the subject and onto other things, I just wanted to say I have heard Al-Anon is excellent for people dealing with alcoholism in a spouse or other loved one. It might be a great place for support for you and your kids. Just a thought.
Well, the only debt we have is our house...
so I would put it towards the principal on our mortgage.
Not only around Christmas but other holidays as well. Things that can't be explained any other w
nm
Nah - it's not you. Many people are "crabby" and unpleasant around the holidays!
Just think, you probably put a smile on their face when they opened that card. Just because they don't smile at you, does not mean you did not touch them in some meaningful way.
Feel good about yourself, you did a great thing.
Some people find the holiday season very difficult to get through, either depressed, loss of a loved one, and so on. Some do not even realize they are "crabby".
It is just like when you go Christmas shopping and everyone you meet in the mall or store are in a hurry, bump into you without even saying "excuse me" and just plain ole miserable.
Just keep smiling and being your happy self. Don't worry too much about it.
Happy Holidays to you! Here's a hug :-)
i'm athiest and I agree. Christian holidays have been
easter bunny, santa claus. It almost seems like businesses are exploiting your beliefs by pressuring you into buy bigger, buy more for your family than you did last year.
I like it cold for the holidays. Was in Florida last week and...sm
it just did not feel like Christmastime (temps in the 70s--not that I was complaining). However, I wish the temps here in WA State would get above freezing so that I can get my Christmas/birthday shopping done. Some roads are still a sheet of ice. Your 40-50 degrees sound perfect to me.
credit card debt
Not sure what will happen, but I do wish you luck. Credit card debt is an unsecured type of debt. I don't know what more they can do to you other than a judgement. Not sure you can put that under a bankruptcy either once the judgement has been placed. I know a lawyer that handles a lot of bankruptcies -- did some work for him. He always asked his clients if late payments had gone to judgements. If they had not gone that far he was pleased about it. I guess it made things easier legally. Not really sure.
Completely out of debt today!
I have paid all of my big bills off and now only have the monthly ones. Need to pop a cork!
debt consolidation/relief
I'm seriously considering going with one of those debt relief companies to get myself out from under a mound of credit card debt. I feel like I'm drowning. Has anybody had any experience with these companies, good or bad?
Strive to become debt free...
yes, that means living on a budget, telling the kids (and yourself and your spouse) no to impulse buying and splurges. You really can live below your wage if you WANT to and it is better to do it before you HAVE to due to job loss, etc. We are debt free but our home, no car payments, all credit cards paid off, only have the utilities and food each month. It feels great not to write checks to anyone. My DH just finished his obligation of 700 a month child support (Yay!!) which means more towards the mortgage to pay it off sooner. We are content with what we have...too many Americans want it all and want it now, no matter what the price, just charge it or take out a loan for it...crazy!
Oops, should have been paying off a debt
/
Do your homework on debt collection (sm)
laws also - you just may have yourself a $1000 piece of paper in your hand.
Have you requested validation of this debt? If not, I would do that right away. Send it certified mail, return receipt requested. Depending on the age of the debt, I would be very careful about sending the canned "do not contact me letter." If the debt is not that old, that can sometimes trigger them to sue. I bet if you send the "please provide me with full validation (not verification that you have my name, address and soc. sec#) of this alleged debt. Short and sweet.
Before considering the CCCS or debt relief (sm)
places, first call the companies. If you haven't been charged off yet, most will work with you and have hardship programs. The accounts will likely be closed, but after 3-4 ontime payments they will "re-age" to show as current, will lower the interest rate so payments are lower and you will pay off over a 4-5 year period (in most cases, you can't use the cards as acct will be closed to further charges in exchange for drastic reduction in interest rate). Going with CCCS or similar, has the same effect as a BK, even worse, on your credit rating. The accounts will report as "closed, paying under debt management plan." While bankruptcy is an option I suppose, if you're a homeowner or have any assets, you'd have to file Chapt. 13 which will allow for some payback. I'd call the companies first and lay out your situation and see what they suggest. The credit industry is in a mess right now so they are willing to work with you if you're upfront and showing good faith.
Anyone ever use a debt settlement company - sm
like DebtAmerica or something like that, one that eliminates 30% or more of your balance owed, consolidates it and gets each cc to settle on an agreed amount, etc. I am thinking of going that route instead of CCCS company which is just a DMP (consolidates it but you still pay back every penny and interest). Either way you have a big black mark on your credit. I owe a substantial amount and this way I can probably be debt-free in 3-4 years instead of 8 years. I know they charge a fee, and you have to pay taxes on the settled amount but it will be a lot cheaper for me in the long run and I can afford it a lot better. So if anyone has gone this route, please give me your input and who you used and if you were happy with their service, etc. TIA! 
Why would you take vacations when you're in such debt?
The money for those planned vacations could be paid towards your credit card. If you're income in increasing soon, why not apply the increase to the bills until the debt is gone and then reward yourself with a nice vacation that you save up for?
I am betting the good MTs make a lot more than you do, with paid holidays, too.
x
My family decided last year to just enjoy the holidays
We're all adults, no children, and live in small homes or apartments. I NEED tons of stuff, but have no place to put much of anything, and can't afford to reciprocate with a gift. Same with a couple other siblings. My mom's been impossible to buy gifts for, for probably the last 10 years. I was the first to bow out the year before last. I started the ball rolling because I just plain couldn't afford it anymore, and was too busy working all the time to spend hours on end in a department store. I had a new job, no PTO, and NO money, so I alerted everyone that I wasn't going to play the game that year. Turns out it was a relief to all! And last year, without all the holiday 'getting mauled at the mall' disasters, each of us had quiet, happy, stress-free holidays. So now that we've eliminated the gift-giving aspect of Christmas, I finally can look forward to the season and enjoy it again.
If it is an old debt, I've been told that the place that
the court with the original document that you signed before they can get a judgment to garnish wages. Usually they can't come up with it if the account was taken out a long time ago. I would look into it a little maybe even just online. Try consumer affairs website. Good luck.
I know it's popular, but don't put unsecured debt on your home.
No way, never ever do that. It's a huge mistake, you could end up losing your home. The risk is too great.
credit card debt relief
Does anyone have any experience with those companies claiming to reduce debt by up to 70%, etc. ?? I'm drowning in debt. :(
Credit Card Debt Counseling
http://www.cccsatl.org/index.asp?_method=view&sc=43&cn=486&md=debtmanagement
Here's what you want to use... It is called Consumer Credit Counseling Services. They are legit. Now back when hubs and I did it about 15 years ago, there were no computers, per se, so we went on site to an office. I don't know what state you're in or if there is an office local to you, but it looks like you can do this online.
We did it, completed it, and it was great. However, they cut your credit cards up in front of you and put them in a huge jar (at least they did back then). Once you join, there are no more credit cards. What CCCS does is works with your creditors to reduce interest rates, payment size, etc. because they are networked. You then make one lump payment to CCCS and they disburse the money. They also take into consideration your income. I think that's what makes it all work. Also, this is what tells them how long it will take to pay off the debt. Just beware though that if you are "behind" on payments, sometimes certain creditors do not accept CCCS, so they may hassle you still and some just plain won't accept CCCS's offer.
Believe me, even though we are not late on payments, we had in the past 3 years so much personal stuff go on (sickness, death, etc.) that we have racked up some debt ourselves and may try CCCS again, as one card we have raised the rate to 33% interest because we have a high balance. We make regular payments.
All in all, it's a great plan and it does work, but you no longer have credit cards (they close the accounts), and you will have a "bad mark" but yet a good mark on your credit report for using CCCS. Check with them about that though, as I do not know the specifics. It is way better than bankruptcy...
Hope you find some relief soon! My thoughts are with you... I'm not judgemental because I've been there and done that.
Anyone ever been sued by a debt collection agency
My husband and I have an account which we feel we don't owe. We cancelled it within the amount of time we thought we had to cancel, but were later told the contract for services was not cancellable (a vacation timeshare). The original amount was only $1,000.
Since that time, the timeshare company has sold our "debt" to a third party collection agency, Apelles. They call at all hours and even on weekends. Since I have caller ID, most of the time I don't even answer. This morning, however, they called at 8:45 and woke up my kids. I was a little annoyed, to say the least, and I'm just wondering: Does anyone have any personal experience with this company. I'm thinking about sending a Cease and Desist letter, but I'm worried that that will trigger them to take me to court. Has anyone ever been sued by Apelles? I would think our amount is too small to be worth their time and that they would just try to sell it to another agency. Any thoughts?
Love him! We are debt free but the house....
on an income of around $100,000 a year. DH may be getting laid off in the coming months but we just refinanced to a great below 5% rate, all our credit cards are paid off, we have savings built up to see us through tough times and we don't really worry about what may come. Sure, our cars are a few years old but guess what, they drive just like brand new ones. We still eat out several times a week, we take a month long vacation every year and we are happy with the things we have. We buy what we want when we want, but we aren't slaves to the newest TV, cell phone, i-phone, etc.We have no one to impress and really don't care what others have. We have the peace of mind that we can go to bed every night without much worry, the phone doesn't ring nonstop from creditors and we can go to the mailbox and not cringe when the bills come in. The country is in this financial mess because of greed, plain and simple; fat cat greed, greedy consumers in this I have to have it NOW society, and most think the free ride is never going to end. Sad....
See why working at home, and even covering some hours of holidays is better than inhouse?
We aren't able to keep track of the other office workers, build up resentment against them. Love that inhouse stuff.
credit card debt lawsuit question
If there is anyone out there who has been sued and had a judgment placed for credit card debt....
What happens when you go to court?? I don't own a house and live week to week (part-time IC, not very supportive husband) so they can't get blood from a stone so to speak. But I was wondering if anyone has gone to court and what actually happens.
credit card debt lawsuit question
Anyway you can declare bankruptcy, chpt 7? I am going that route. :(
Do you have a lot of monies owed where bankruptcy is a real possibility?
I'm going through a similar time......talk about stress!!!!!!!
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