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Author: cable666 Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 309293  
Subject: Re: Montly budget to pay off CC's Date: 7/6/1998 1:19 PM
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>>I have to agree with cgiorgi - $800-$900 does seem a bit much when you have that much
outstanding debt. (Although, as I recall Cable has the ways & means to pay off this debt.)<<

Not that simple. I can only pay off the debt from two sources (1) future earnings, (2) tap retirement funds. I'm attacking both issues.

From the earnings flank, I'm working on paring down the monthly budget to get extra cash. That is why I posted this food budget question.

On the retirement funds flank, not so good. So far I've been told I have to borrow up to $50K before from my 401K before I can have any principal. I can't borrow $50K because I can't pay it back unless I can come up an exta $700 in my monthly budget.

Please lets keep this thread focused on the monthly budget issues. I will start other threads to discuss the other plans of attack.

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