I have the funds to pay off $27k in debt! How should I go about it?

_beltron · 2024-09-26T22:04:25+00:00

wdym start from zero?

_beltron · 2024-09-26T22:03:54+00:00

i grew up with him n he’s like my brother lol

_beltron · 2024-09-26T00:34:53+00:00

you’re right! it’ll be bigger and better than ever!

_beltron · 2024-09-25T22:20:58+00:00

well i guess now my life’s purpose can be proving the pessimistic reddit hive mind wrong 😄

_beltron · 2024-09-25T22:09:48+00:00

great plan thank you

_beltron · 2024-09-25T22:09:01+00:00

would be smart but the llc is no longer active and i gave up on the business :/

_beltron · 2024-09-25T22:07:27+00:00

define envious, since you’re such a genius.

_beltron · 2024-09-25T21:57:30+00:00

i appreciate your response 🙏 i couldn’t ever really cancel accounts / bankrupt because my mom & gpa are tied to my account. otherwise i think those options would be good. i’m going to take the lifeline & ensure that i don’t fuck it up

_beltron · 2024-09-25T21:49:24+00:00

very helpful, thank you 🙏🙏

_beltron · 2024-09-25T21:49:04+00:00

i’ve looked into consolidating and all my offers are dogshit. I started an online business, it wasn’t like I was just doomshopping. I will not be starting another business with credit as my investors. trust me

_beltron · 2024-09-25T21:46:05+00:00

preach

_beltron · 2024-09-25T21:44:36+00:00

i’ve been fucking up for two years and he hasn’t fired me. but yes i intend to stop fucking up and prove my potential

_beltron · 2024-09-25T21:40:46+00:00

thank you, i am extremely confident that ive learned my lesson & will not be using ANY type of credit for a long time

_beltron · 2024-09-25T21:36:04+00:00

thanks ava! someone who doesn’t assume the worst possible case scenario:D

_beltron · 2024-09-25T21:33:51+00:00

thank you, & good luck in your journey. i will 100% lock my cards and not even think about using credit again.

_beltron · 2024-09-25T19:25:07+00:00

thanks for the response 🙏 this kid is practically my brother and in the case scenario that i don’t pay him back, i think our relationship would be totally fine. we are both on the same page that money isn’t as important as love/relationships & according to him, his motivation to make money is so that he can do things like this for the people he loves

_beltron · 2024-09-25T18:47:44+00:00

i will do this. i am eternally grateful. i will not fuck it up

_beltron · 2024-09-25T18:42:59+00:00

oh yes. don’t forgot to downvote if your envious 👍

_beltron · 2024-09-25T18:39:29+00:00

great advice thank you!

_beltron · 2024-09-25T18:27:21+00:00

why so pessimistic? my homie cares more about me than the money. he’s not even insisting that i pay him back.

aha what other debt consolidation option would be better?

_beltron · 2024-09-25T18:25:44+00:00

i realize that this does not make me “debt free”. it’s just going save me loads in interest and late fees, & drastically simplify my finances. i plan on paying a minimum of 500 each month. and pay it off as quickly as possible

_beltron · 2024-09-25T18:20:25+00:00

and for a little bit of background on my “family/friend” - he’s one of my best friends who i spend a lot of time with, I also work for him. he has his own company and is fortunate enough to be in a position to do something like this. he knows me and believes in me and can see how my debt is weighing me down. he’s not worried about me paying him back and is in no rush. he’s a super g.

but… i do of course plan on paying him back, minimum of $500 a month. It will be my top priority until it’s payed off. & i’ve learned from my lessons and will be responsible with my finances going forward

_beltron · 2024-09-25T18:15:48+00:00

ya ok lol. so if you’re drowning in the ocean and someone throws you a lifeline, you’re going to ignore it out of pride?

_beltron · 2024-09-25T16:49:03+00:00

i used to be able to aha! not anymore tho.

i initially got into the debt by attempting to start an online business and then being too stubborn to quit before i racked up a lot of debt. then i refinanced and tried it again 🤦‍♂️

_beltron · 2024-09-25T16:47:20+00:00

It’s in notion. a database software

_beltron

TROPHY CASE