Hi everyone I need financial advice so desperately. I’m 24, I have a pretty good paying job that I enjoy, but I don’t know how to manage my money.
I make about $4,500 a month and my bills are about $3,000 a month. On top of that both of my credit cards are maxed out, I pay about $150 and $200 minimum on those every month, I’m $15k in credit card debt, I have about $10k in student loans, and my credit score is around 590.
The first of the month is tomorrow, so all of my bills are due and I have about $170. Clearly I’m screwed. It feels like my money is just flying out of my bank account. I’m not spending money on fun stuff - it’s spent on gas, groceries, household items, car repairs, etc.
The help I’m looking for is: how do I get my bills paid this month and how do I prevent myself from getting in this situation again? I want to build credit, have a savings account, have an emergency fund, be out of debt, etc. but it truly feels impossible and the financial stress I’m feeling is overwhelming.
Thanks for reading.