I am coming upon a major change of my life right now. Right now, I'm in a negative cash flow situation. It's not by much, but I'm having to do extra stuff just to tread water. I can't do any more than what I'm making now, or I put losing my disability at risk. The main reason for the money crunch is that I am presently supporting two apartments, which is eating up over 40% my income. Over 50% if you include utilities and Internet as well. With utility rates going up drastically over the next month or two, the decision has been made for me. I'm going to have to squeeze into my families apartment. This will free up several hundred dollars a month, at the sacrifice of me having a private place to hide when my illness acts up.
This will be a difficult thing, moving into one apartment, but it needs to be done. There is no other way around it. And I have always taught my son that 98% of the time, the hardest path is the one to take, because that will be the right one.
The tipping point happened last week when the car failed the annual vehicle inspection. The hydrocarbon level on the car is over twice what is allowed. This is telling me that the engine is slowly dying. It's been eating a quart of oil every thousand miles for a while, and it looks like some seals somewhere are failing. Whether it's the heads, or one of the cylinders I don't know. This car is a teenager, 15 years old now. I just rolled over the 138,000 mile mark.
Here's what I've been dreading: I'll have to go into debt to get a car. I am a big follower of Dave Ramsey and he doesn't do debt. He says to save up and pay cash, but I don't have the time to save up before this car dies.
My job requires me to be a lot of places, so not having a car is not an option. The last person to have my job was basically forced out because she couldn't drive. So she took hours to get anywhere on the bus, and often depended on others for transportation.
So the question now is how much of a car do I get. I don't want to get too much of a car, because it will cost a lot per month and take a long time to pay off. I also don't want to get a cheap car that won't hold up before I can save up and get a good vehicle. This vehicle was already 7 years old and about 60,000 miles when I bought it.
If there is a magic benefactor that would like to donate a couple thousand dollars to the cause, I'd greatly appreciate it. =)

