Had to sell my wedding ring today

I hope things get better for you soon . This Economy Sucks !!!

Your story makes no sense to me...

You have 2.5 full-time incomes, have no debt, live extremely cheap, and still can't make ends meet? How is this even possible?

About the only way I can get your story to compute, is if you're doing drugs, and your husband visits prostitutes 4 times a week.

I would be pissed at my wife. she would cry and i would forgive her.

like others already said..cut shit to the bone.

the whole "trick" is to
1. pay yourself first.minimum 10%
and
2. live below your income level.

if you can master the above, you will win. financial difficulties will vanish.

How much is a plane ticket to Croatia and could I get by on only English?

Sorry AC .. OP is talking the truth .. I am married with kids .. stay at home mom .. we own a business .. probably make about what her and her husband make between the business and buying and selling cars .. and we are just scraping buy ..

We bought our house outright with the savings we had .. and can't even afford to finish the remodel to move out of this $1100 dollar a month apartment .. and that is cheap for a three bedroom in a decent town ..

I am on a payment program with utilities and still pay close to 200 a month in electric .. and 100 in gas .. and at the minimum spend 200 a week on food and paper products and that is scraping buy ..

Then I have taxes, phones, to clothe my children, and much much more ..

The expense of things are out of control ..

We have consider buying a camper and parking it on our house property while we use the extra money for a remodel .. unfortunately that is against the law, and I would probably have my kids taken by the state ..

Last Edited by redrosie on 11/16/2012 02:09 PM

I'm sorry, I don't understand this. Where does your money go? We could live quite well with that. Do you have loans or child support or something?

Makes me appreciate my crap job.

My wife and I live on $14,000 a year and we're doing fine.
Kids grown and gone. We drive a new Camry and several other vehichles and boats. We have apple trees and wildlife. We burn wood for heat and some hot water. Our only debt is our car payment. We live Rural. Urban life sucks, you have to work 24/7 just to keep up with expenses. A decent country place will provide you with everything you need to live along with the most important thing of all, peace of mind. But..be warned you will need to know HOW TO DO THINGS. Good water is the most important, if you have that your half way home. Fuel is next, 6 wooded acres will keep you warm for life, and if you're skilled you can build your own dwelling, nothing like HGTV, but those are just enslaving debt traps anyway. Be humble, be free. Peace.

Last Edited by Northman on 11/16/2012 02:19 PM

[link to thepeacefulmom.com]

I hope your situation improves.

I have had to sell my wedding rings several times in 30 years. Life gets hard. I'd ratrher feed my family then wear a ring. I then would work harder, SPEND less and when things got better, I would get new rings. When people would ask why my rings have changed over the years I tell thm better to change your rings then your husband. \

Buck up.

I have had to sell my wedding rings several times in 30 years. Life gets hard. I'd ratrher feed my family then wear a ring. I then would work harder, SPEND less and when things got better, I would get new rings. When people would ask why my rings have changed over the years I tell thm better to change your rings then your husband. \

Buck up.

Housing expenses in Coastal CA are obscene. We've finally decided that we are heading to the mountains. No way can ever you retire here with even a good middle class income.

I should add that we both have student loan debt, pay $1200 a month in child support, and take care of one of our parents full time who has health issues. As I had said earlier we had difficulties in the past as I was out of work for some time, things piled up but we are working our way out. No I did not sell it to buy christmas presents and turkey.

Stop BREEDING

If this thread is true then...A ring is a ring. A material object. The only time it is wrong to sell something material is if it was passed down from family member to family member.

The time to have discussed it with your husband was BEFORE you pawned it however. Makes me think that the OP has been negligent with the funds they have? Have you been spending money on things that are not necessary and now you are understanding how irresponsible you have been? Is that why you just pawned the ring without discussing with husband first??

You two need to sit down together and access your financial situation together. Figure out where you really (REALISTICALLY) need to cut down on expenses. You might think you need your cell service, your satellite/cable, your pet food for the 4 pets you acquired over the years, but you might realize you can do without.

As far as the ring goes...have him pawn his too. Then go to the fabric store and buy a round of gold satin ribbon. Tie a ribbon "ring" on each others ring finger each morning and make new vows to be mutually economically responsible each and every day in the future.

OK, now you're starting to make sense.

This

You know, my dad owned a jewelry store for over 40 years and I can't tell you how many people did this. The problem I have with it is not that this material item is sacrosanct, but that when you do this you are truly "buying high, and selling low". That is NO way to get ahead in life and if you do stuff like this regularly, you have no hope of getting a toe hold in life.

My dad also taught me that "poor people have poor ways". He was right and this is a perfect example bad personal finance.

Still...I hope that you recover and have many future blessing.

It still doesn't add up when you speak of your bills. The one that can't control spending should get an allowance, just like a child, because they don't know how to work with money properly. Credit cards shredded in that person's name and checks should be removed from the out of control spender.

No she isn't making sense yet. If they have student debt she doesn't say if it is private loans or federal loans. If it is federal they can consolidate..there are options..They can request a hardship deferment.

Why are they taking care of a parent who has health issues? Where are sibling help and/or Medicare?

Take EVERYTHING you have that you do NOT need and sell it. Then live like you are already living in your car or a vehicle.

If you can't legitimately afford the child support payments your husband is making for his kids right now request the payments be re-evaluated by the court. The payments are based on INCOME made by him.

I think you are just not living realistically. Pull your head out and realize you are not entitled to stuff just because you want it.

It's this thinking what ruins your country. If they do this two others will lose their job and have nothing. You just ignore the fact that more and more people become expendable. And your "solution" for this is to kill them earlier or later. You're not really a human but only an animal who can speak.

That makes way more sense. Are you able to qualify as caregiver to your parent? I would go renegotiate the child support.

THIS...

Did you vote for Romney or for your Vagina...err I mean Obama?

In the US getting a job is not a zero-sum game. She would only be able to get another job if a business were expanding (certainly not a guarantee in this economy). No one would "lose their job" if she and her husband were to take on second jobs.

Sheesh!

You people need to learn the basics of math & reading.

My god, what I take for granted is truly an impossible task for most!

I know how you feel OP. I had a few really nice pieces that my husband bought for me almost 15 years ago. They had so much sentimental value for me.

Sold them to pay the bills, only have 1 piece left.

I sold one to buy a wood stove to heat the house for when TSHTF, the other stuff went into bills.

It's happened to alot of us. But, we still have our husbands, and I'd rather have him then the jewelry.

I used to live in NYC, 960 a week was no where near enough, we dont know where the OP lives so I understand. Prayers on he way.

Gte on ebay, sell all the carp you dont need, and i mean All off it. It you gotta buy new clothes buy them second from there or shop in charity stores. shop around for everything. There are so many people much worse off than you, you just need to learn to adjust.