Who do you blame?

stratdude

When it comes to your debts who do you blame for it? I mean people like the banks for giving too much credit, yourself for wanting things out of reach or just unlucky circumstances where you had to borrow?

In my case it would be wanting things out of reach e.g. flash cars. Im paying for it now. Least I have learned my lesson now!

poorandindenial

I blame myself entirely, I signed the agreements and frittered away the cash
(not a comment on anyone elses situation, just mine, it was genuine frippery for me)

BlueFleur

Myself- not learning the value of money and understanding that what comes in should not be less than what goes out. I think I could have been better prepared, but I'm the one who carried on doing it. I'm just glad that I've clicked sooner rather than later.

postingalwaysposting

Me, myself and I for having bigger eyes than my bank balance and wanting what I couldnt have... learnt a lot now

Deep_In_Debt

Yep, blame myself. I didn't have to take the offrers. Nobody was holding a gun to my head...

lauradora

I heard a really good quote this week

"Every child must fall and graze thier knee before they learn to run without looking"

lilmissmup

Me as i didn't have to borrow the money to survive, i just did it cos i wanted stuff now :rolleyes:

Flower08

It annoys me that banks etc offer so much credit to people who cannot afford it, but i think essentially when it comes down to it we have no one to blame but ourselfs. I definatly blame myself - no one forced me to take it and i signed the agreements. Lesson learnt!

Piquant_2

I have no-one to blame but myself. I wanted the new kitchen, new clothes, fancy candles etc....

Now I realise it's not all necessary and I can have it, provided I have the money (cash) to pay for it. Simple but painful lesson.

MurrayMint

I am responsible, it is my debt.

I ran it up through living beyond my means from day one

However, I am now in the early days of a DMP and feel a little bit like an alcoholic undertaking the "12 Steps"... I feel like my therapy is only just beginning and I am at best in recovery. My spending habits were completely out of control - very compulsive. Today for example, I've been in a terrible mood all day and didn't understand why (a bit like when you have PMT and you know you're being a cow, but can't stop yourself). My husband has just suggested it was because we went to an auction today (looking for something specific that we needed cheaply), but didn't buy anything. My whole psychology has been built on the basis of feeding my emotions through spending and acquiring "things". Today that wasn't satisfied. He's quite possibly right...

What's also becoming apparent to me however, is that whilst before I've criticised lenders for reckless lending, deep down I used to feel that actually I was glad they did lend so much as I was benefiting from it.

Now that I've been forced to realise what true and honest budgeting is i.e. adding in all those outgoings that are in addition to the direct debits (set up on min. payment where I could), I am now bemused how the lenders thought we could repay them??? I never lied about my existing commitments or my income and my credit report was there for them to review, yet even up to recently credit has been quite easy to come by!!!

Whilst typing this, I think I've come to the conclusion that... I'm don't know who I blame i.e. how much responsibility I assign to myself and how much to the creditors?

Hopefully I'll stay in recovery and reach a point when I do know!

Yours Confused,
MM :rolleyes:

Horace

My own fault entirely although I do blame Gordon Brown for some of it because under this government I am poor and now have now savings, have just closed an ISA to clear my overdraft. Shall have to try harder to live on £60.15 a week although I do get HB now to the tune of £101.15 a week:j

I now shop carefully, I don't chuck food away, I make lists, make 'free' money which I convert into vouchers so that I can either give them away as presents or treat myself.