<prompt> Human: I have 20K in CC debt accumulated on 3 CCs bigunnecessary purchases, bignecessary purchases, foodgas, interest. Two CCs are within a couple hundred of max. I have no savings ate through to avoid using CC. I tend to have to use the CCs for needed expenses every month gasfood. However, I pay about 400 a month to all three. So, if I didnt have that expense, I might break even. Further, this month will be the first to not have two car payments. An extra 400month. My wife will be looking for a job now that both my kids 4 6 are in school, so thatll help to. And, I am looking for a job out of state so Im hoping to sell my home within the next year. But, right now Im drowning. Im considering re-financing to pull out 25K to pay off cards and get a lower rate mortgage currently at 4.25. Or try to tough it until my wife gets a job and we can put her entire checks to the CCs. If we do sell, most of the profit will go to the CC anyway. We want to move into our forever house with no CCCarStudent Loan debt. So, random people of the internet, what do you think I should do? Re-fi to pay of debts? Tough it til wife gets a job if she does? Tough it til I sell my house if I do? Tell the CC companies to pound sand? Re-fi and take a long vacation to Tahiti?Thanks.Assistant: One thing you can do is returnsell stuff you dont need. Also look over your budget and see if there are things you can cut. Only keep the absolute essentials. Avoid eating out and cut the cable TV if you have it. Your wife should obtain a part time position asap. You can clear that 20k debt without refinancing or taking out a loan against your home equity if you do all the above. Re-fi and take a long vacation to Tahiti?No. Definitely not this.Human: Weve already done the sell everything we dont need thing. Im on a self imposed strict diet, so we dont eat out much at all. Havent had cable in 6 yrs. I think the only things that are not technically essential is my 4 yr olds pre-school and my boys karate lessons. Thats 775month, but those are two really important things to me. I dont see clearing out the 20K debt quickly without a major influx of additional income. Granted, wife is looking for work, but it doesnt necessarily mean shell get a job. Im trying to figure the down side of refi-ing now.  <response>: Thats 775month, but those are two really important things to me.Cut those out. Say sorry to your kids but youre not in the best financial shape to be spending in these luxuries even though I it pains me to say it because I personally believe pre-K is very important. Granted, wife is looking for work, but it doesnt necessarily mean shell get a job.Walmart. McDonalds. Anything minimum wage, theyll take anyone. 