Thanks for the answer! I am familiar with the Avalanche method and am doing that in theory, but in practice there is nothing left over after paying the minimums. I prep all my own food and do not go out to eat; there are no outgoing investments.
I'm aware of the best practices for saving money - as it is, after paying for minimums, rent, and transport to/from work, I often dont have enough for food for the month. Hopefully I will get a raise or two over the next few years, but as things stand the timeline for paying off my high interest debt is >10 years, and assumes I continue to get 60hrs/week.
Appreciate any advice about the process of defaulting/bankruptcy, and how that could impact either my legal ability to return to the US, or the ways judgement can be enforced overseas.
Thanks for the answer! I am familiar with the Avalanche method and am doing that in theory, but in practice there is nothing left over after paying the minimums. I prep all my own food and do not go out to eat; there are no outgoing investments.
I'm aware of the best practices for saving - as it is, after paying for minimums, rent, and transport to/from work, I often dont have enough for food for the month. Hopefully I will get a raise or two over the next few years, but as things stand the timeline for paying off my high interest debt is >10 years, and assumes I continue to get 60hrs/week.
Appreciate any advice about the process of defaulting/bankruptcy, and how that could impact either my legal ability to return to the US, or the ways judgement can be enforced overseas.
slamspamslam OP t1_j24jcig wrote
Reply to comment by killmetruck in American living oversees unable to pay down credit card debt by slamspamslam
Thanks for the answer! I am familiar with the Avalanche method and am doing that in theory, but in practice there is nothing left over after paying the minimums. I prep all my own food and do not go out to eat; there are no outgoing investments.
I'm aware of the best practices for saving money - as it is, after paying for minimums, rent, and transport to/from work, I often dont have enough for food for the month. Hopefully I will get a raise or two over the next few years, but as things stand the timeline for paying off my high interest debt is >10 years, and assumes I continue to get 60hrs/week.
Appreciate any advice about the process of defaulting/bankruptcy, and how that could impact either my legal ability to return to the US, or the ways judgement can be enforced overseas.