Janet in Brick writes:
I moved in October… took the big step of buying a house after 10 years of renting after my divorce. During the move I injured my toe and could barely walk. I really didn’t get up to speed work-wise until February. On top of that my clients have been experiencing lower sales which impacts how much of my services they can afford. It has created an atmosphere of complete stress in my life which makes focusing on anything including the solution difficult. I am now afraid of loosing the house to foreclosure and actually just a total atomic explosion financially. When will I be able to get out of this mess? Will I lose my house? Thanks for your insight.
There is no easy way to say this, but you are in a very tenuous position. I know you are struggling right now, but if you don’t pull yourself together, it will get worse. Straight up, if you keep chasing your tail the way you have been, you will lose your house. If you choose another avenue, you can stop the collision course you currently have in motion.
Some of this debacle could have been avoided if you had been paying closer attention to your affairs. Problem is, you were tired and already a little stressed when you hurt your toe, so you missed some signs of what was headed your way. The past can’t be changed, but the future has yet to be created. You have the power and the ability to shape the future, to steer it, in whatever direction you choose.
You are at the mercy of your clients for that aspect of your income. Things will start picking up later in the summer, but hesitantly. What you need to do right now is focus on the alternatives – how to supplement the income you have. I see there are options that can easily turn into opportunities for you – things you can do from what seems to be a home office.
This is going to feel like a “step back.” And it is. I know you really don’t want to hold two jobs, but it would just be a means to an end. The second line of income will utilize training and skills that you have, but in a different capacity. I don’t know what kind of background or training you have that deals with finance, but that is the general area. This is not one of the gazillion get rich quick deals you can find on the Internet, but you do find the opportunity online.
Things are going to be tight for a while, and you are going to struggle. I’m not seeing a way around it. Financial miracles are in short supply at the moment. It is up to you to create your own miracle. You have the ability and strength to do it. It doesn’t mean that it is going to be fun, but if you want to save your house and lessen the financial catastrophe, it is within your power to do so.