Seriously though, I am in debt.
I have been ill over it and am now just about coping on a day to day basis.
I know it is entirely my fault but I did have a helping hand, well two actually. Personal circumstances won’t be discussed but it wasn’t all my fault, I was naive and silly and boy, am I paying for it!
The consequences? Lots of sleepless nights, still living at home with parents, no social life, no disposable income, stress, anxiety etc. It is all very well being taught the value of money, which I was, but it’s a completely different matter when you go out into the big wide world. These debts have built up and been with me since I was 18; I’m now 24 and have finally kind of sorted myself out.
I still don’t have much money as it’s all going on my debts and I’m glad about that as the more I pay, the quicker they go.
There is no way in the world I will ever get another credit card or loan. I have learnt the hard way.
It is easy to blame the banks, loan companies, credit card companies etc but they don’t force you to sign on the dotted line – yes it is very tempting and I’m not saying they are angels, far from it, but you have to read the agreement, sign the don’t do it for you.
I do think there is too much advertising, too much temptation and too much of an eagerness to pretend to help people when it is only going to make them worse off. I have been to a few debt management companies who wanted to halve my monthly payments but increase the term to 15 years and take 20%apr for themselves….. needless to say I didn’t sign up with them!
I don’t think in general we are a nation of spending…..yes there will always be people in debt but most of the people I know live within their means….. I know that isn’t a good number of people to generalise, but I don’t know many people.
: he was just pointing out that there is a lot of shite around at the moment - in general. Those who don't agree obviously haven't looked back to previous threads. 
it might solve another aspect 
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