Mohr or Less

As some of you may know, I have a van that Sha and I purchased about two years ago. Very nice 2006 Nissan Quest. Well, I also have a Subaru Forester that I bought not long ago because I thought Sha would be taking the van. Unfortunately, that wasn’t the case. So now I’m stuck with two vehicles and making the payments on both. Now, before you read on, I’d like to say that this isn’t a “pity me” post. I’ve dug my hole and now I’m slowly climbing out. That’s the first lesson I learned (well, had learned but I’m remembering now!): never assume. I probably shouldn’t have bought the Subaru before confirming that I wouldn’t have the van too. But that’s over and done with.

That being said, I just called the loan company on the van and asked them what I could do if I sold the van at a loss, paid them a big payment and just kept paying on the balance of the difference. Is there a way they could reduce the monthly payment? I was told that they could reduce the monthly payment but it would extend the term, of course. They also told me that they won’t release the title until the loan is paid off in full. And since I’m sure the new owner would want the title, I couldn’t provide it to them without paying of the loan in full. Soooo, here I am.

You know, fortunately, I’m not bitter. A year ago, this probably would have eaten me up enough that it would affect me both physically and mentally. But, it’s just not worth it. Really nothing I can do about it. I’m making enough to keep paying the bills and provide for the kids’ child support while still being able to stuff some food down my throat. And, I also realize that all of this will pass. I’m very much learning from my mistakes and am working on the “what not to do’s.” My step mom told me that I won’t have the child support nor the car payments for ever. And she’s right, of course.

Gonna keep living my newly adopted motto: “one day at a time.”

Y’all have a good one!

Filed under: Money Stuff, Thoughts by kory