What made you spend?

I_was_a_fool

oops_a_daisy wrote:

the voices in my head told me to do it

Im going to tell my creditors that!!:rotfl:

DramaQueen29

Its down to individual circumstances - My case partner made redundant twice and we couldnt live in the most expensive part of the country on my wage but likewise we couldnt move, its ruining our lives - Ive never been one to overspend on rubbish if i had at least i could blame myself for it!

raq

keeping our head above water. Paying bills and a huge change in circumstances. Never had £60.00 jeans or shopped every week in M & S just couldn't probably at the time.

We are now slowly getting there and yes it will take time but we are all strong and I now believe there's light at the end of the tunnel.

KittyKate

Sorry - I didn't mean to offend anyone in my OP by suggesting people are greedy. I just meant the 'have it now' culture. And Will - I wasn't asking for specific advice for my friend, it was just a thought of my own - what makes a mindset like hers?

As for my friend, she took a consolidation loan (mini lightbulb moment?) then promptly spent up to the limit on all her cards again so now she is paying back both the debt and the consolidation. She's been refused for any kind of further credit which is why I suspect she's battering her store card - it's her last chance to spend. I can't ever see her being DFW or OS, sadly bankruptcy is the next step for her.

I have nothing but admiration for everyone proud to be dealing with their debts!

in-trouble_3

lennymfo wrote:

Wanting it now, keeping up with the Jones and trying to keep our lass happy - or what i thought was required to keep her happy.

but wanting nice things

that was exactly like me, last year we bought a £3000 settee, seriously we did but its lovely, and an updated tv, which was expensive, buying my daugher everything she wants, she is our first and last child, but we have learnt our lesson now, well i have has it was me that got us in the debt.

in-trouble_3

raq wrote:

We are now slowly getting there and yes it will take time but we are all strong and I now believe there's light at the end of the tunnel.

i totally agree.

immoral_angeluk

Being naive about how much I owed instead of the minimum payments I could afford.

loneranger

I have never been able to get cheap credit because of my lowly circumstances (low wages, lived on council estate etc.) and that used to annoy me.My debt has arisen because:
Circumstances; was married to an alchoholic so had to feed and clothe children without help(he worked but drank the wages,I worked also but also had to turn to Provident etc for borrowing) and pay child care because he was too drunk/unreliable for me to leave them with him.

Yes I spent foolishly as well, compensated children for lack of good father by buying expensive presents/treats

Treated us to good food occasionally, steak and chops instead of the usual cottage pie etc.

I know there were times when I could have saved cash especially by not borrowing from 'doorstep lenders' but at the time they seemed like my friends and the bank was a scary place to go.I never dared ask for a cheque book or credit card/store card at first and by the time I did ask they said 'no way' so had to resort to expensive borrowing.

That all said I am now sorting out my debts and quite pleased that I could not get 'easy credit' because for all I know I could be in the same position as the OP's friend, weak willed as I am!!

As said before we all have our reasons for being in debt and I am sure we all hope that the OP's friend gets her LB moment soon, but It will not happen until creditors 'pull the plug' on her spending- we all look forward to meeting her here and will be here to help.

System

Toomuchdebt wrote:

lenny-don't know if you've noticed but in your sig you've spelt "account" wrong and made it look a bit rude-lol

I know have had it pointed out. Ive decided to keep it as it is a genuine SP.