We are anxiously awaiting to receive the Mr's W2 so that we can file for our return. Why? Because everyone needs and wants money. And we are so ridiculously behind on bills it isn't even funny.
Just to give you a general idea...
The majority of what we owe it at least one month behind. So we can't ever really catch up.
I think I owe an estimated $14,000 on student loans. Most of these I've put into unemployment deferment, but it's still not really helping me when I've got a pile of bills to pay regardless.
On top of my student loans, in regards to medical bills, utilities, and other minor debts, I think we are somewhere close to around $6,000.
So my question is...what's the best method of attack here? I don't think we could consolidate, just because neither one of us has hardly any credit. Well, add being in debt to the mix and most banks are hesitant about lending out money with the way things are in the economy.
All of our income tax refund is going to go towards bills. No shopping extravaganzas for us, no putting back money for a vacation, none of that. Which pretty much sucks considering the amount of things I could buy for Mason with that money. The problem is, I know that the amount we get back from our refund won't really put a dent into the amount of debt that we owe.
Enter, Etsy. Back in early December I mentioned that I wanted to start an Etsy store after Christmas. Well, the store is on the way. I'm going to be making a random assortment of things sch as: burp cloths, dish towels, nursery decor, diaper cakes and so forth. It's not up and running as of yet. I'm still working on policies, shop design and what have you. But I plan on making a few items just to see if I have any interested shoppers. And all of the profits will go straight towards debt.
The biggest thing holding me back so far...well you sort of have to spend money to make money. And as of now, I have none to spend to buy the supplies I need. I also plan to promote my shop, so be on the lookout for an upcoming giveaway!