So for months now I've been just able to make ends meet. My full-time job hasn't been paying me a full-time salary since I came back on early in the year. That is ok, I knew that going in. The idea was I would work full-time for my contractor pay until they are funded then I would be retroactively paid the difference. The problem is, they still haven't been funded.
So I've been working a second contract to make the ends meet. This contract has been pretty good to me but it doesn't always pay timely. As a result, I've been late with some payments due to cash flow issues. The money was coming, I just didn't have it on time.
Over time I ended up in a situation where I had missed a couple of mortgage payments and had to make an arrangement with them to spread the two I missed out of six months. As long as I paid the new mortgage amount on time I'd be ok but if I missed or was late with even one payment the agreement would be voided and the past payments would be due in full immediately.
Can you see where this is going?
All would be find as long as I could invoice my second contract on time and they could pay me before the 15th each month. I spoke with them and expressed the critical nature of this and they were on board.
So imagine my surprise to find out today that they can't fund anymore work for at least 30 days, including the already outstanding invoice that I am counting on to pay October's bill. Practically, what this means is I can't even do any work until November which means I probably wouldn't get another paycheck from them until December.
Now I'm screwed. Without that income there is no way I'm making ends meet. Not even close. I'm not sure what I'm going to do about it.