Need advice and guidance
I am in my mid 20s and 800k in debt. This includes maxed out credit cards, OLAs, paylater. Reason is tapal system, gambling (big factor) but clean for a month, and spending above my means.
Previously 20k+ ang salary ko, resigned, and now I'm earning approx. 85k per month as a VA. 2 months pa lang ako dito and currently looking for a part-time job rin for additional income.
I want to be responsible sa expenses ko. Pay off all of my debts one at a time. Nilista ko lahat sa excel (scary tingnan) and I'm trying to do the snowball method kaso ayoko macompromise yung ibang dues. Paying MAD muna sa mga credit card but planning to request for payment restructuring.
Living with my family and internet lang ang naka-toka sa akin. Ngayon medyo nahihirapan ako kasi sa isang cutoff almost lahat ng sahod ko napupunta sa pagbabayad ng utang, minsan kulang pa.
Super overwhelming ngayon kasi nagsisimula pa lang ako na ayusin. Iniisip ko na lang na it gets better. My goal is to be debt-free by 2027.
Also, na-consider ko din to take personal loan para isa na lang ang due na babayaran. Kaso I think less ang chance ko ma-approve kasi bago lang ako as VA and bad credit(?).
Am I on the right track? I need advice on how to handle this situation, everyday ako nag-o-overthink. Mostly kasi si ChatGPT lang kausap ko. Thank you po. 🙏