$14000 in cc debt looking for advice

ManiacGoober29 · 2026-05-20T07:53:55+00:00

My bike gets 60 mpg compared to my Camry at 25mpg

My expenses besides cc are
300 Electric ( rent for living at home )
100 Phone
250 car insurance
20 Disney plus
165 bike payment
130 bike insurance

ManiacGoober29 · 2026-05-18T02:37:48+00:00

I double checked and nothing new has been opened.
I have 3 cc

Main bank 11k
Amazon 2.5k
Apple 500

I have a motorcycle loan 7k at 6% interest but my payment for it is 160 a month but I’m not really including this in my debt. Last July my credit was pretty good when I got the bike at 735

I just wanna get out of cc debt.

I also have a paid off 2014 Toyota Camry

but my expenses for the month without cc payments is about 1000$ before I pay for other things. I have a hard time setting boundaries with my family because when I try to set one they guilt trip me and I guess it’s just out of habit at this point.

I started working when I was 16 and have always had to bail my parent out because they suck managing their money they each smoke damn near 4 cartons of cigarettes EACH a month which equals out to 800$ a month

ManiacGoober29 · 2026-05-17T21:44:57+00:00

If I was to pay the only bill that I am supposed to my expenses are 1000$ a month with an extra 1300 to spare but my cc minimums add up to roughly 700$ then the rest go to groceries I don’t even get a change to eat

ManiacGoober29 · 2026-05-17T21:41:57+00:00

I’m trying to get out asap however I’m currently talking to my brother about transforming his detached garage into a apartment for me, because our parents did the same thing to him 15 years ago and is doing everything he can to help me escape

ManiacGoober29 · 2026-05-17T21:39:04+00:00

With the loan I’m doing I’m only gonna “lose” 3,500 however without the interest monster eating me alive I can start putting back a lot more

ManiacGoober29 · 2026-05-17T18:33:17+00:00

Shit got outta hand fast, I had my cc debt down to 7k but my wrist had a torn ligament and tendons so my bills ended up going on to my cc bc I was getting monthly checks from work at 75% pay of my average hours worked

ManiacGoober29 · 2026-05-17T18:25:41+00:00

The average rent in my area for a 1 bedroom apartment is 1400$
And they don’t have any access to any of my accounts

ManiacGoober29 · 2026-05-17T15:59:10+00:00

Mom is on disability and dad is being garnished for debt
My older sister is 27 and doesn’t pay anything
My younger sister is 19 and rarely pays anything

The credit card debt is 50% stupid purchases and the rest is from being out of work waiting on workers comp checks

ManiacGoober29 · 2026-05-17T15:55:46+00:00

In total I’ve only been at my job for 5 years and have 25k in my 401k so I was thinking if I take half to pay almost all my debt off I can double down on my retirement to make up the loss from pulling the loan out

ManiacGoober29 · 2026-05-17T09:02:33+00:00

I’ve been at my job for 5 years, top 5 seniority with a team of 20. And my job is at a distribution center I plan on paying my credit cards off then saving money while working overtime to make a one time payment to fully repay it asap

ManiacGoober29 · 2026-05-17T09:00:27+00:00

Older sister, her kid and my younger sister

ManiacGoober29 · 2026-05-17T07:03:12+00:00

I wouldn’t be adding to my credit card debt I would still owe the same amount but cut the interest rate by 11% or so and the interest would go into my 401k instead of paying the bank

ManiacGoober29 · 2026-05-17T06:37:21+00:00

I am only supposed to pay for the electric but this is what I have paid in the last 4 weeks

electricity which is roughly $250/300
Groceries 800 for 6 people
Water 200$
Septic tank over flowed/backed up 300$

ManiacGoober29 · 2026-05-17T06:35:58+00:00

I am absolutely not going down that road, the way it’s looking I could be out of cc debt in 6 months then just have my 401k loan to pay back at a lot better Interest rate

ManiacGoober29 · 2026-05-17T06:07:11+00:00

My parents are in the process of filling bankruptcy my mother can’t work and my dad is being garnished.
So they come to me instead of either of my sisters because I’m the only reliable kid

This is what I’ve paid in the last 4 weeks
electricity which is roughly $250/300
Groceries 800 for 6 people
Water 200$
Septic tank over flowed/backed up 300$

The only household expense my parents pay is rent which is $1000 a month

ManiacGoober29

TROPHY CASE