| Confession | Date |
| I am 44 years old and have $18K in credit card debt. When I was 34 I had no credit card debt. It\'s really shameful that we have gotten into this type of situation. My husband has a great job making over 95K/year and I am a stay at home mom. My job skills are a bit rusty and I\'ve been looking for work and it\'s all a lot to deal with for me. I never thought I would find myself in this position at this point in my life. We are living in a house in an expensive area and it\'s proved to be too much. I want a better life for myself, my husband and my children. I am ready to create financial freedom. | 06:04 PM Aug 12, 2007 |
| Over the years, both my husband and I overindulge ourselves trying to keep up with the Jones next door. Until we decided to buy a house we could not afford to pay. Between me and my husband, we have a unsecured debt of 100K, 40K in 401K loan, 650,000K mortgage. Now we are broke... unable to pay our debts and God knows what\'s going to happen in the next month. We are selling the house... and live contently with what we could afford. No more lavish vacation trips, no more expesive dinner out, no movie theaters, no more trips to the mall. | 04:09 PM Nov 13, 2006 |
| I can\'t say "NO" to my partner when she wants to spend money we don\'t have! I\'m living off borrowed money all the time. | 07:39 AM May 10, 2008 |
I am in so much debt some are over 3 to 4 years old and I am not able to get myself to were I can even pay any of it back.
Without my student loans I owe about $50,000 in credit cards, medical and according to a landlord 1`month`rent for when I moved out they claim that I never gave enough notice. All this is stressing me out I currently have anexity and having panic attacks which is not helping me any writing this only let me see how out of control everything is right now. I would love to buy a house but no money and in debt don\'t help. I wish someone could lhelp me this is reaking havoc on my health | 12:30 PM Jun 05, 2007 |
| Since the first`day`I married I have been in debt, I told my husband I cant do the finances, he keeps telling me I can do it. About 8 yrs ago we sold stocks and made a lot of money, and I overspent it, we built a house and overspent, took out a small loan, then a bigger loan. We were giving property which we sold, and that money is all gone and I have $65,000 in credit card debts and a $210,000.00 home equity loan . I am sick of my self. When I go shopping I return most of the items I purchase and still I over spend. | 10:48 PM Dec 12, 2007 |
| i cant make payments on time, i tend to pretend its not there, I am un organized and cannot keep track of my spending, next thing you know i have no money left topay the next bill, i live pay check to paycheck... | 10:34 PM May 09, 2007 |
my money problems started in the late eighties when my husbnd
signed as guarantor for a relative to take out a loan, he failed to notice the clause that if the relative defaulted even if he had paid off the loan, my husband was still responsible for that debt. A bailiff
came to our home and demanded this amount at the`time`my husband\'s company had gone bust and he was out of a job, we had to take out a mortgage and borrow from my mother as well. Our son has cerebral palsy and we did not know what help we could get so the cost of help and aids to help our son depletd any savngs we had, we sol our propertyt and made some extra cash
several times to survive until we came down from a gour bedroom
deluxe house to a twqo bedroom flat. Our son is in a Cheshire home now because of our advancing years and we are struggling with enormous debts due to excessive charges for overdrafts and credit cards, as soon as we get near to getting out of the red the bank charges push us up again, i feel
| 01:09 PM Oct 22, 2006 |
I have about $9,000 in credit card debt and it\'s eating away at me. The thing is that I work part-time so that I have`time`for more creative pursuits (music), so I feel like I must be the laziest, most irresponsible person on the planet. My other family members are all very cautious with their money and their lives, working traditional 9-to-5 jobs that they don\'t seem to particularly care about one way or the other. I feel like the weirdo freak who did his own thing and is getting burnt for it.
When I get into these modes of thinking, I just start to think that money is the most important thing in the world, and by that definition, I\'m a failure. I don\'t know what to do with the shame that is dumped on me, so I act out in unhealthy ways (porn, being "checked out", etc.) I just want some way of coping with the shame so that I can function normally and pursue a rational path to success, without freaking out every step of the way. | 05:00 AM Aug 12, 2007 |
| I am not working so that my children will be raised by me, but the financial strain on our family is terrible. Just to pay our mortgage every month, we take out multiple payday loans, and, even then, usually end up paying late. My husband\'s paychecks just barely cover our mortgage (it\'s a crappy, sub-prime loan with an outrageous interest rate and monthly payment), so we have nothing left over to pay our two credit cards and our regular, monthly household bills. I do not want to go back to work, and have pretty much ensured that I cannot in the field I was previously in by not renewing my certificate. I resent that my husband\'s workplace doesn\'t pay him what he\'s worth; he does procedures that no one has done before. HE had to invent them and is teaching others across the country, but he\'s still making about $20,000 less than other professionals in comparable companies. It\'s just not fair! | 12:39 PM Aug 06, 2007 |
| I spent 11 years paying the minimums on my credit card. When I worked out how much it had cost me in interest I resolved never to borrow money again. | 07:45 PM Jan 03, 2008 |