debt consolidation
For someone who had never bought a car before, I really wished that someone would have come out and told me what not to do more than what to do. As I was looking around for cars and comparing prices and plans I thought that II was considering every option. I wanted a car to use to get to class and also something that could be used in the bad weather we often have around here. I didn't want something that was just a piece of junk either because I wanted it to work all the way through at least my first year of work. Unfortunately I did not get any advice and I made a bad decision.
About six months ago I went out and bought this used SUV that I thought would be a great car. Even with the low gas mileage it would still be great for my relatively short commute to class every day. I bought the car with a long term payment plan so I could also keep paying my tuition interest payments. I have always been really concerned with my personal debt consolidation and have laid out my college years in terms of being able to pay everything off quick. So I was in to this plan and making the payments and about two months after I got the car it broke down the first time. I got it fixed and then went back out on the road. About a month later it broke down again with a different, but equally debilitating problem. So I had this problem fixed as well and tried again. One day about three weeks ago I went out and suddenly I heard a load banging sound and the whole car began to shake. When the mechanic looked at it later he said that I had ruined the engine and now it needed a whole new one.
This is how I have gotten in to my current situation in which trying to eliminate debt and bike riding rule my life. I still have the payments on the car but I am not putting any more money in to it until I graduate and have a job to do so. For now I am just focusing on the way to consolidate debts of the bills I already have so I don't create any new ones.