Right now, your entire financial world is wrapped up in paying for this thing and depending on a boyfriend to help make the payments was a mistake, too. When he left, so did the financial support.

At this point all you need is enough credit to cover the hole that you dug. Go to your local bank or credit union and try to get a very small loan from them – about $3,000. If the car will sell for $19,000 then get it sold and use $1,000 to cover the difference.

Then, take the remaining $2,000, and buy yourself a little beater. We’re not talking about anything cool, just basic, ugly transportation. After that, pick up a part-time job on the side and work like crazy for a few months to get that loan paid back as quickly as possible!

—Dave

 For more financial help please visit daveramsey.com. 

See also:

Larry Kudlow:  The Left Hates Oil Companies 
Dave Ramsey:  Dave Says No New Debt  
John Ransom:  It Tax a Village
Mike Shedlock:  More Retirement Worries
Ken Buck:  S&P Downgrade a Harbinger of Things to Come