worries

I do not have a good handle on my money yet. This week I have had to shell out several hundred dollars for veterinary care and I didn't have the reserves. I need to have the reserves.

I worry about my new house and how much it will cost every month. I think I may become a serious recluse, only leaving the house once or twice a week, once I have that house, so I can cook all my meals and not pay much for vehicle use.

My new home

My new mobile home has been ordered. I am worried about making the payment every month. I've been worried about this since I first started on this trail. My life is likely to change significantly unless I find another source of income.

Prosper loan request number 1...

My first effort to get a loan through prosper.com failed. That is, nobody bid on it. A number of members wrote to me, saying the trick is to set a higher max interest rate up front. After a few days, people will start bidding lower rates and I should get the rate i want, or close to it. Others sugggested that I join a group, that I would be more likely to be funded. Of course it was group leaders who suggested this.

I haven't made up my mind about groups yet. It turns out that my credit score is "C", and with that score the averages show that I would do better in a group, a hair better. If my score goes up to B it may be less certain. And I am very close to B.

So I went through a simple process to become a lender in the meantime! And I bid on another loan. Bid $100 at 15% on a loan request with a max interest rate of 20%. I figure I might as well see about making some money while I make up my mind about the next request for a loan.

That request may happen soon, though. I got the estimate for the landscaping and replacement of my driveway (asphalt dug up, concrete poured) for my new home and it was a lot higher than I expected. I may need to get a loan to pay for it. I spent the last couple of days getting past the pain of this new debt. I have been working very hard to reduce my debt and it looks like I'll be kicking it up quite a bit very soon.