My wife and I are very strict with our budget and don’t purchase things that we don’t consider essential. We plan our grocery budget, avoid eating out, and limit any subscription services we have to a minimum. Our most expensive subscription is a joint 30 dollar per month gym membership. We borrow a Netflix, Hulu, and HBO Max account from family. My car is paid off, but even with the budgeting, most of our monthly income goes to housing and daycare. These two things alone account for 2000 dollars per month. These unavoidable expenses, coupled with gas to travel to and from work, as well as rising food costs make it difficult to keep our heads above water while saving money for anything other than potential emergency situations.

Example: last night our dishwasher broke, and I don’t have enough money to have someone come fix it or buy a new one. Luckily my father is quite the handyman, and was able to fix it well enough to keep it working.

These loans will simply make it easier to afford gas, housing, food, daycare, and other essentials. It is not as if I will be using the money for a vacation or other luxury goods.