Hey sisterhood,
I'm so completely devastated and going to have a mental breakdown any moment I think.
I have been injured and I can't work, I can't not access my income protection for 60 days... We have completely exhausted our emergency money and savings (rent, food, bills...) We have $300 to last a month... I have a big bill coming out on Monday that will not be able to get paid, I have a payment plan that was set up before the injury that will be coming out next week . I'm completely overwhelmed, devastated and worried... We are so broke. I'm going to fall so far behind and I'm so stressed we won't recover as when I finally get paid all the bills that have been missed will need to be caught up on!
I have two children, I have tried and worked my arse off forever and now I think not only is my career over because of this injury, but I will need to start again financially... I can't even get a loan because I won't be getting paid for over a month.
I don't know what to do! I have a million things for sale. However no one is buying anything
I honestly can't believe I'm in this position after all these years of trying my absolute hardest to get in front, pay bills on time and being a cheap arse! Now here I am... Fuck
Just need to vent before I scream
Just need to vent before I scream
Posted in:
Money
4 Replies
This is a really stressful situation. One thing I used to keep in mind is that Centrelink will pay you, that is enough to cover a roof over your head and food and basic needs (always buy that first no matter what other debt and bills there is).
Put all bills on a payment plan, don’t pay anything just say you can’t.
It’s a knock you don’t need, but it won’t sink you. You have income protection coming? You’re a hard worker so whatever happens long term you will find a way and get back on top.
Do you get Centrelink Family Tax Benefit? I think you can apply for an advance payment.
Can you call the bill companies and explain you need an extension on your payment plan?
Do you have any flybuys/woolies rewards dollars to spend?
Borrow money from family?
Lower the price on things you have for sale and advertise them in more places?
Salvos and other charities may help with food vouchers/hampers and bills.
Sorry you are in this position. I really hope you can find a solution 🤞🏻
Why can't you access income protection for 60 days? I've had to use it before and it was straight away. Try and sell whatever you can now to keep your head above water! Things can be replaced but once you're in too much debt it's hard to get on top of.
IP has different wait periods, depending on the policy.
if your WP is 30 days, it is paid in arrears so 60 days before first payment.
the shortest wait period ive ever seen in the industry if 2 weeks (most are 30, 60, 90 days), plus paid in arrears, have no idea how you accessed IP immediately?
its just not a legal possibility.