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Debt and mental health

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It can be tough out there and while we need to take ownership for our actions, I understand you might have been in a dark place for a season or you may still be going through a rough time. You may have racked up consumer debt because buying things is one way that you feel in control, settled or simply not depressed.

For the ‘overspenders’, and particularly those overspending with debt, I ask you to pause and reflect. Why do you think you are overspending? Is it just sloppy mismanagement of your money and life or are you doing this almost on purpose because ‘it just helps’ or ‘it makes me feel better’? Only you can answer this. If you think your overspending (with or without debt) has been going on for too long and there might be an underlying mental health issue, I would encourage you to speak to your GP. It took me too long in my life to realise I had a problem with my mental health (depression and anxiety). Once I had sought treatment, I became a new person who was surprised to learn that ‘not everyone feels this way’. It is okay to not be okay. And it is okay to reach out for help.

Sort Your Money Out

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