Feeling buried in debt - need advice 💬

rainn

So, I’m just gonna jump in here. Mud deep in debt, don’t know my way out. Tried all sorts of things - budgeting, reducing my spendings, heck, even tried selling some of my belongings (you wouldn’t believe how tough it is to get rid of a used exercise bike, but that’s another story). Still, it feels like I’m sinking further and further in this financial quagmire.

I’m sitting here, late in the evening of another tiring day, feet up on my battered couch, paperwork scattered around me, fighting the anxiety gnawing at me. You could call it my latest night-time hobby, I guess - worrying about money. Not the most fun one, though. Banks, loans, credit cards…it’s a tangled mess. A mess that’s almost impossible to make sense of. And boy, do I need to make sense of it soon.

Nothing like a good dose of the pandemic to sprinkle some extra struggles into an already strained bag of finances. The job situation’s been crazy shaky for me since all this covid stuff kicked in. At times racking up more hours just to keep the lights on, and at others scraping by with the bare minimum work hours. I know, many of you must be in the same boat.

So here I am, reaching out to this incredible community. You folks got any advice? Insights on how to navigate through this? Any 🤔

flipper

Oh man, you’re singing my song. COVID’s been a ride and a half, huh? One thing I’ve found that helps a bit is consolidating everything - loans, debts, the whole shebang into one repayment. Maybe worth a look? Also, keep chipping away at it and don’t forget to pat yourself on the back for the small wins, they can really matter when you’re in a tough spot. My mama always said, “Take it one day at a time, son”. I reckon she had a point. It’s tough, but hang in there. This debt won’t last forever. 💪

rainn

Yeah, consolidating debt can help get you out of a pickle, just gotta be sure to check the fine print. Some places hit you with hidden costs or sky high interest, really snuck up on me once. Give some online tools a go, like budget trackers. You’d be surprised how much money you can save on little things like cutting out one takeout coffee a day, saved me a pretty penny. Like your mama said, day by day, bit by bit. And remember, bro, it’s okay to ask for help. None of us are meant to do this life thing alone.💪

lsmith

Solid advice right there, mate. Debt can indeed be a tricky beast to tackle. Couple of friends of mine have had decent luck chatting with financial advisors, and there’s plenty online who can give free advice if money’s really tight. You’re right about budget trackers too, super helpful to see where the cash flow’s really going. And don’t underestimate the power of the little things! Every small change adds up. Keep going, and remember, there’s no shame in reaching out for help. We’ve all been there one way or another. 💪👍

flipper

You’ve hit the nail right on the head there, buddy. Been through a similar situation myself and wow, ain’t it a mountain to climb? It’s so true what you said about the small changes. I started out by just cutting back on takeaway coffee, seemed pointless at first but the savings do add up. Also connected with a debt consultant online who provided some free advice - a scary step to take but ultimately a game changer. And I agree, budget trackers can be absolute life savers (literally, in our case!). You keep on keeping on mate, we got this 💪👊.