The Great 'biggest financial fear' Hunt Revisited

Former_MSE_Debs · 24 March 2014 at 11:38AM

The Great 'biggest financial fear' Hunt Revisited

Money has always been top of many people's worry lists, and even more so in recent years. So whether it's credit card debt, not having enough savings for when you retire or just the day-to-day struggle to live, we want to know what you fear the most when it comes to your finances.

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tgroom57 · 26 March 2014 at 3:41PM

I'll start the ball rolling - Losing my home is my biggest fear.
Almost anything smaller (except possibly losing the roof) I can cope with, but I couldn't cope with going into rented at 4 times what I'm paying now.
Even so, repairs on my home are piling up and I am reluctant to address how these repairs will be funded.

At such times I think it would be nice to live in a 'social housing' house (as does my next-door neighbour) and be able to snap my fingers and get the work done for free.

missrlr · 26 March 2014 at 3:55PM

Losing my job as the knock on consequences are catastrophic.

alixandrea · 26 March 2014 at 6:30PM

Not being able to meet the basic monthly needs of my partner and I - food, shelter, heat, light, water. We could just about cope without anything else, but without any of those things we'd be screwed...

Alixandrea

juliamarsh · 26 March 2014 at 8:52PM

Running out of money when I retire.

runrosyfox · 26 March 2014 at 9:13PM

Losing my job, and not being able to pay my mortgage. I've only had it since November, and I'm a relatively young first-time buyer. Having graduated the year Lehman's went under, and having terrible trouble finding permanent work for two or three years after that, I can't shake the fear that the permanency I've now built up found will be taken away.

Ashagill · 26 March 2014 at 9:14PM

Never ever ever being able to move out of my parents home. I'm 27, and training to be a British Sign Language interpreter. I predict it'll be at least 2 more years til I can actually make money out of it.

I also fear I'll never be able get to BE an interpreter, and have to take full time soul-crushing work in an office or something that I don't care about, that doesn't make a difference in the world, and serves to make my bosses more money... just so I can move out.
*sigh*

beanielou · 26 March 2014 at 9:35PM

Not being able to pay my mortgage & loosing my home.

CazzieLT · 26 March 2014 at 9:54PM

My biggest fear is also losing my job. I have worked hard to get myself out of a huge overdraft left over from Uni, and am fortunate enough to have no outstanding debt beyond a student loan, so I am able to save hard to get on the property ladder, and be able to afford the odd nice treat, but that is only because of my steady income from employment. With the country still floundering around in such a state, I constantly live in fear of losing that precious stability and with it the safe knowledge that I can pay the bills each month.

PlymouthMaid · 26 March 2014 at 10:25PM

Losing my home/being homeless has always been my biggest fear. My home is falling apart around me as I can't afford to fix things but it is still a comfy home luckily. I worry a lot about having an accident or an illness as my employer only pays a few days of sick pay and I have no idea how people pay mortgages and utility bills on SSP.