We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Please help i can't sleep for worrying

Hi everyone,its taken me a long time to face up to reality but things are so bad i dont know what to do .
Please dont judge me on the first problem as i feel so bad about it but i have a gambling problem big time. I know this sounds crazy but i haven't gambled for a week and i am honestly not bothered.
My main problem is the debts i have mainly from gambling.
I am not sure what i need to do here but i think a list of everything owed and income will help you understand how bad things are , so here goes,

Income £1100-£1250 per month

Debts
Credit cards £16000
Mortgage £44000 (house worth about £85-95000)
Secured Loan £13000
Unsecured loan £11800

Outgoings
Mortgage £338
Loan £216
Sec loan £160
Credit cards £380
total
£994

Other outgoings eg water gas tv insurances etc just over£200

Total outgoings around £1200 per month

So as you can tell some months there isnt enough coming in to meet all the payments and thats without any food or anything else

I have maxed my cards trying to keep going but now they have run out i dont know what else to do
I have no family to help and i am a single parent aswell

I have kept all this to myself until now and i can't sleep at all
Every waking moment is filled with thought of what can i do next

MY home is all i have left and i have lived here all my life and to lose it would be the last straw for me . The only thing thats keeps me going is the kids.

Please please can someone help

Comments

  • Hi,
    Just to let you know you've double posted. I'd suggest deleting this thread and sticking with the other one near the top of the page as it has the replies and looks to have begun with the same post.
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 353.6K Banking & Borrowing
  • 254.2K Reduce Debt & Boost Income
  • 455.1K Spending & Discounts
  • 246.7K Work, Benefits & Business
  • 603K Mortgages, Homes & Bills
  • 178.1K Life & Family
  • 260.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.