Financial Woes

You got depressed so you boned yourself with debt? Hmmm, I don't personally have much [any?] sympathy. Work harder and pay it off tbh. And 17k isn't that bad. Plenty of students have at least that.
 
Robbie G said:
You got depressed so you boned yourself with debt? Hmmm, I don't personally have much [any?] sympathy. Work harder and pay it off tbh. And 17k isn't that bad. Plenty of students have at least that.
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Boned myself? :eek:

Is that even possible.

hmm Fillet of Zero chargrilled with lemon.
 
cleanbluesky said:
That's what I've said twice now, I want to know why puchasing things will give him pleasure. Let me explain my viewpoint...

I don't think that the original depression is directly related to having enough material posessions. I think something else would be the cause, so I'd like to know what buying things offers to temporarily dispel the depression.

I do not believe that one form of happiness can dispel a deeper, unrelated unhappiness - therefore I think that there is an association in purchasing that may temporarily address the deeper problem in some way, although whatever the association is it can merely be peripheral because long-term (and perhaps medium-term) ownership of the item doesn't seem to help.

I expect it is something to do with the idea of acruing items, although whether this is merged with a sense of productivity or social standing - I cant tell.

It would also be interesting to know whether there is a pattern to what the OP would purchase
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Isn't that rather insensitive and selfish. I'm sure it's something that he is trying to deal with, and the whys and wherefors seem to be more his business. Something between himself and his therapist.
Asking him to disclose things off the original topic for your own benefit and learning seems a little unfair to me.


To the OP - You have my sympathy, I have been there in all senses of the situation and I know how severe debt can really bring the dark shadow back.
The advice to call the CCCS is really the best if the situation is very bad. They are actually very helpful in knowing the law and where you stand with certain things if you cannot keep up with repayments. But at the moment, you are in a good situation. You are able to keep up with repayments and are seeking advice NOW. Hopefully this means you haven't dug your head in the sand which is also a fatal mistake. IVA's can be a lot less simple than they first appear, but they will not destroy your credit in the long term future if you are looking for a mortgage etc. They can also take a couple of years to activate fully, all that while the interest will be stacking up.
Keep to a tight budget and pay off the maximum you can. Think about other extra forms of income. Can you sell many of the things you bought with the credit cards? These solutions are a lot more preferable that taking the IVA or bankrupcy route. Neither are easy ways out, despite what people say.
If you need any further advice, or want to talk about this more, let me know.
 
To the OP...

Best wishes, can imagine this can be a very difficult time. Some good advice on here with regards to calling people/agencies. Most important thing to remember is that there is help out there, don't be afraid to ask/take it.
 
What ever you do, don't listen to agencies advertising to help you out of your debt problem, see what the free advice people say.

Also a note on IVA's, they too screw up your credit rating in the short term, my partner has one and was unable to rent a house in her name, as majority of letting agencies credit check now.

Good luck.
 
overspending and/or spending money on things you dont need is also a symptom of mania or hypermania ,as well as contacting the above mentioned organisations i'd also concider seeing your doc and asking for a referal to a psychiatrist to discuss it with him (symptoms) and rule out biploar disorder.
 
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