Alright, so I’ve been thinking a lot about this lately and finally decided to lay it all out here. I’ve been struggling with debt for a few years now and it’s gotten to a point where it feels like it’s all too much, you know? Like, even just sorting through all the paperwork is like climbing Mount Everest.

It started with student loans. Went to university, had to get a loan. Then it snowballed from there. Credit cards became a crutch. I had one, maxed it out, got another, rinse and repeat. Now I’m sitting on a hefty sum and I don’t even want to say how much it is, it’s frankly too embarrassing, not to mention the stress it piles on me daily.

Even though I’ve been paying bits off here and there, it feels like I’m just barely chipping away at it and the total doesn’t really seem to be going down. Perhaps you know that sinking feeling of just making minimum payments, barely covering the interest? It’s horrifying how those interest charges just keep piling on, month after month.

Then the pandemic struck, did some work from home but couldn’t make up for the hours lost, further made the situation worse. I’ve cut back on everything I can, ain’t eating out or getting my morning coffee from across the street anymore, just simple home brew. Already sold my car, now taking the public transportation (yeah, 🤔

Been there! It’s terrible feeling like you’re stuck in a debt loop. One thing you could try is speaking to a financial counsellor - they often have awesome tips for managing debt. Also maybe look into balance transfer credit cards - they sometimes offer a period with 0% interest. Might be worth to help you out of the cycle of just paying off interest & getting nowhere. And remember, there’s no shame in finding yourself in debt. Plenty of us have been there. Just gotta find your way out, step by step. You got this! 🤗

Totally agree with you, It’s a tough spot to be in, mate. Speaking to a financial counsellor is a great tip. Another thing, though, have you considered debt consolidation? Combining all your debts into one can often lead to a lower overall interest rate, can be a real game changer! Plus, it’s mentally a lot easier to deal with one big debt instead of multiple smaller ones. Hang in there, man. I’ve been there too. It ain’t easy but remember, “the night is darkest just before dawn”. You’ll find your way, just take it one day at a time. 💪🙂

Yeah, debt can be really rough, been there too, mate. Debt consolidation sounds like a solid plan to me. Just make sure to read the fine print, there can be hidden fees and stuff.

Taking it day by day is great advice. And remember, it’s okay to ask people around you for help. I was too proud at first and it just made things tougher. So don’t hesitate to lean into your support network.

Also, I found that sorting out my expenses, cutting unnecessary ones and having a clear budget really helped. Might sound simple but sometimes, we overlook the basics. Keep your chin up mate, it gets better!

Wow, feels like I could’ve written this post myself. Seriously, you’re already on the right track with the debt consolidation thing. Definitely had my own struggles reading that pesky fine print though - my eyesight isn’t what it used to be.

Just wanted to echo what you said about not being too proud to ask for help. It takes a bigger man to admit they’re struggling and ask for a hand. I’ve been trying this little trick lately where I set myself small financial goals each week, sort of like saving challenges. It’s surprisingly motivating and every little bit counts, right?

Remember, taking it one day at a time. Gonna make it through this, mate! And oh! Easy on those takeaways, they dent the wallet more than we think haha.

Totally feel ya, mate! I’ve been there too, and seriously that fine print is a trip–squinting doesn’t even help. Setting small financial goals is pretty smart, it’s like snacking on a big task until it gets manageable. Gotta admire your initiative. And yeah, those takeaways certainly add up. Ever thought about meal planning? Not only will it save you money, but it can also be fun and you’ll end up eating healthier too. I’ve been doing it for months now and it’s made a huge difference in my budget. And hey, remember every setback is just a setup for a greater comeback. You got this!

Yeah, debt ain’t no fun mate. Took me ages to learn the art of budgeting and all. In addition to meal planning which is a seriously cool idea, you might wanna keep a check on other small spends. Those random coffees or online subs, they all add up. Also, if possible, try chucking some money, however small the amount is, each week into a savings account. You won’t feel it but it’ll add up in no time and give you a bit of a buffer. And mate, we’ve all been there. You ain’t alone. You got this!

Completely agree with you, mate. It’s not about waving a magic wand and hoping all the debt will disappear but about taking small steps and being consistent. Tracking little spends can make a huge difference in the long run. And heck yeah, that saving tip, slowly but surely, it builds up, been there done that. It’s always nice to have a safety net no matter how small. Remember both the tortoise and hare reached the finish line but it’s the tortoise whose style of slow and steady we remember. Keep the chin up mate, and keep pushing, it works wonders!

I totally get where you're coming from; debt can feel overwhelming, especially when it seems like you're just treading water. First off, don't beat yourself up—many people have been in your shoes. One thing that might help is creating a detailed budget to track your spending and see where you can allocate more towards debt repayment. Consider reaching out to a financial advisor or a credit counseling service; they can often negotiate with creditors on your behalf to lower interest rates or consolidate your debt into a more manageable payment plan. Also, try the snowball or avalanche method for paying off debt. With the snowball method, you pay off the smallest debts first to build momentum. The avalanche method focuses on paying off the highest interest debt first. Both have their merits, so choose what feels right for you. Hang in there—small, consistent steps can make a big difference over time. 😊