epicflybaron
New Member
Hey folks, looking for some advice – any would be awesome.
So I’m a stay-at-home dad. My wife’s a registered nurse and studying midwifery on the side. The reason I’m home with the kids is we’ve got three boys – 7, 4, and 16 months – and the two oldest have diagnosed level 2 autism and ADHD, so they need appointments. Plus our 4-year-old was born with only one kidney, which means we fly to Brisbane regularly for checkups and tests. I only started the stay-at-home life when my wife finished uni – before that I worked and was the sole provider. In 2024 I went bankrupt – I had way too much buy-now-pay-later, credit cards, and loans from when I was younger. I also have severe epilepsy and other medical issues, and my medication isn’t covered by PBS – costs close to $600 a month. Stress is a major seizure trigger; I was seizure-free for six years, but recently I had an episode in the hospital when I became septic and almost died. Now I don’t have a license, which is a huge problem since we have no family support to help get the kids to school and stuff.
So my wife and I just found out we’re expecting our fourth child at the end of December. We only have a five-seater car, which’ll be the biggest problem. My wife currently has around $12k in debt – Mastercards, Afterpay, Ergon bills, and a couple other things – and she’s on financial hardship for one or two, so her credit score looks terrible. We’d love to sell our 2018 Nissan and look for a second-hand seven-seater, but we both know that’s a bit risky – buying and relying on a used car. Our goal would be getting a lease car or,salary sacrificing because she works for Queensland Health and is on great money, but her credit is terrible.
I was thinking – would getting some of my super out to pay a portion of her debt, really getting on top of those debts, be a good idea? Or would it not help because her credit score would still look terrible? We’re a bit stressed and just want any advice possible. Thanks.
So I’m a stay-at-home dad. My wife’s a registered nurse and studying midwifery on the side. The reason I’m home with the kids is we’ve got three boys – 7, 4, and 16 months – and the two oldest have diagnosed level 2 autism and ADHD, so they need appointments. Plus our 4-year-old was born with only one kidney, which means we fly to Brisbane regularly for checkups and tests. I only started the stay-at-home life when my wife finished uni – before that I worked and was the sole provider. In 2024 I went bankrupt – I had way too much buy-now-pay-later, credit cards, and loans from when I was younger. I also have severe epilepsy and other medical issues, and my medication isn’t covered by PBS – costs close to $600 a month. Stress is a major seizure trigger; I was seizure-free for six years, but recently I had an episode in the hospital when I became septic and almost died. Now I don’t have a license, which is a huge problem since we have no family support to help get the kids to school and stuff.
So my wife and I just found out we’re expecting our fourth child at the end of December. We only have a five-seater car, which’ll be the biggest problem. My wife currently has around $12k in debt – Mastercards, Afterpay, Ergon bills, and a couple other things – and she’s on financial hardship for one or two, so her credit score looks terrible. We’d love to sell our 2018 Nissan and look for a second-hand seven-seater, but we both know that’s a bit risky – buying and relying on a used car. Our goal would be getting a lease car or,salary sacrificing because she works for Queensland Health and is on great money, but her credit is terrible.
I was thinking – would getting some of my super out to pay a portion of her debt, really getting on top of those debts, be a good idea? Or would it not help because her credit score would still look terrible? We’re a bit stressed and just want any advice possible. Thanks.
