See my previous post for a lot of information!

There are people like us who are paying about $335/month who could go to $25,000/year. Yeah, the number of zeros is correct. That is why something must be done. You are right, most people cannot absorb that cost increase. I mean if your house is valued at $150,000 and your rate goes to $25,000/year you could buy a new house in a few years if everything else stayed the same. With the expected rates, property values will drop like a lead balloon. We just think Detroit has had problems. Stories and scenes like we see coming from Detroit are just the beginning.

Ten percent is a big match

I can see why he’d want it. How far from retirement are you? How many years? Hopefully he would meet in the middle, maybe you could handle the five percent. Any possibility of him car pooling to save on gas?. I hated car pooling but some people can handle it. Would he consider holding off till you got one bill gone and the baby emergency fund in place? I’m watching my 401K grow in retirement and that’s a really good feeling when you are past the age of going out to get a job.

How long will it take for you to get out of debt?

If it’s less than about 2 years, I think Michael suggests stopping retirement contributions. But if he contributes to retirement, that’s your gas money and bill money? You just need to make him understand how important it is to you to get out of debt and build an emergency fund – bad credit payday loans. Sadly, that’s not a financial issue, that’s a marriage issue… The face that the recent unemployment doesn’t seem to have changed his attitude is strange.