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!
Depression and debt.
Stanley_Ipkiss
Posts: 3 Newbie
Hi, I’m knew to the forum so go easy please.
Basically I have been diagnosed by my doctor that I am suffering from depression. I have been prescribed tablets that are slowly helping.
Anyway, that main point to this post is basically when I feel at my lowest, I always end up getting payday loans, or unsecured loans. The only thing I can put it down to, and I realise now that it’s daft, is that me having money made me happy, therefore forgetting about my depression.
Then when it comes to paying these loans back, bang, I’m back feeling lower than a snakes belly.
Basically I was hoping if there has been anyone else in the same situation and how did you get out of it?
Many thanks
Stanley Ipkiss
Basically I have been diagnosed by my doctor that I am suffering from depression. I have been prescribed tablets that are slowly helping.
Anyway, that main point to this post is basically when I feel at my lowest, I always end up getting payday loans, or unsecured loans. The only thing I can put it down to, and I realise now that it’s daft, is that me having money made me happy, therefore forgetting about my depression.
Then when it comes to paying these loans back, bang, I’m back feeling lower than a snakes belly.
Basically I was hoping if there has been anyone else in the same situation and how did you get out of it?
Many thanks
Stanley Ipkiss
0
Comments
-
Stanley, it's a very common problem.
So much so that Martin has started an Institute to research it and written a small book. All here
https://www.moneysavingexpert.com/credit-cards/mental-health-guide
There will be others who will have come the same route as you.
On this board we can help you to deal with the debt but you will need to post a statement of affairs.
That's a link to a calculator. You 'format for mse', then cut and paste. As a new user you will have to make sure there are no links in your post0 -
Thank you for your reply. I will look into it as soon as I get home.
Cheers.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.1K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.8K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards