All I can offer is some words of encouragement by way of personal experience. The wife and I were in a world of financial hell in 2007/2008. Not because of what everyone else in the country was going thru at the time such as massive job losses and home foreclosures. We were simply living beyond our means in our daily lives and it simply all fell apart at that time. lol.
Anyways here is what we did, and it was tough.
We cut the monthly expenses to the bone.
No more $200 cable bills. I cut the TV portion and kept a low tier internet only plan. I put up an outdoor antenna on the apartment balcony and got 32 channels for free.
Electric bill----we kept the A/C off except during the most unbearable times. We live in NC and summers are brutal with the heat/humidity.
Gas bill---Heat in the winter, kept the thermostat pretty low. Not Tiny Tim cold, but close enough at times.
No more Netflix, Hulu, etc.
No more spending money on hobbies. For me that meant keeping my butt out of Bass Pro and the local cigar shop. For the wife that meant no more arts and crafts with the hens at the local wanna be art guild.
No more Starbucks or similar shops. That was the equivalent of kicking heroin for the both of us.
Grocery shopping. Meal planning to a certain degree helped out with that budget. Also not getting caught up on the latest sales ads. Do the math, is it a really good deal?
When friends and co-workers wanna go out for food and drinks we learned to say no or stay within a tight budget. No more keeping up appearances.
Vacations for about 4 years was essentially staying at home.
Where are we at currently? Debt free except for monthly rent, utilities, and a low car payment. How do we stay this way? Discipline. Back in march, we took our first real vacation in 4 years. Went to the beach. Instead of staying in a 5 star hotel, we stayed in a two star. Yeah it was a chocolate box, but the sheets and mattress was clean. Didn't eat steak and crab legs every night. It felt good for the both of us knowing that we wouldn't be revolving a CC balance to cover it.
Sorry for the long ramble. Hang in there. As long as you and the fiancé are on the same page, you will get past this.
Edited by TheVig, 13 September 2015 - 04:55 PM.