So, most of us are tied to a paycheck... a salary.
I am there with you. But... in 2017, I tried cutting that cord. It's been rough.
Now we are in 2018. I'm still hustling. I'm looking for ways to make money on my own. I am presented with a problem because of decisions I made earlier. I'm behind three months on my car payment.
I decided to quit my full-time job (I went part-time). I pursued several side hustles. It was going well for awhile. Then in December.... one of my side hustles tanked. It cost me about $2k for the month of December.
So here I am now... Behind in my bills. But... still fighting. I did the responsible thing. I called the bank and told them where I was... And gave them my plan to catch up with my payments.
It was the hardest call I think I have ever made. To admit your position. To then commit to a plan. It took guts. But... I must say, they were very understanding. Not all lenders may be the same. I can't speak for all of them. My car loan is through Wells Fargo.
I avoided calling them. To confess... it's hard admitting that you can't make a payment. It's embarrassing. Or... maybe it's just me. But... I decided to talk to them.
Really... it's been a relief. For a month I was worried that I would wake up and walk out to the parking lot and find my car gone - repossessed.
Well... I'm sleeping better at night now. I'm still in debt, but my bank knows where I stand, and we have an agreement. The lesson I've learned? Communicate. Reach out.
I have been doing several things to make extra cash. More on that later.
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