Comments on: Debt Depression

By: Irene

Irene — Tue, 01 Sep 2009 11:39:44 +0000

In reply to Stellabird your description of depression over debt mirrors mine and saddly enough my bare light bulb is about to burn out. What next? I am clueness as to how to overcome my debt when constantantly more goes out for those necessities than come in to stop the dept from ever increasing. As for a hobby, mine has added to my debr. It’s sad when a simple hobby such as sewing costs to much to enjoy it. My quilt level is very high, I too bought the pair of shoes that sit there because I’m too depressed to put them on and get out of the house. I have repeadily made the same mistakes, I’ve now learned what others tried to tell me, but that still does not offer a way out of my debt unless I stop taking my presribed medications which is not really an option. Even with very exspensive health coverage my RX co-pays are steep and run $200.00 a month, using generics whenever possible. The cost of helthcare is putting me in the poor house, but due to health problems including severe depression, I can’t afford not to have the covereage if I want to be treated by any fairly decent health care professional. I’m stuck.

By: Stellabird

Stellabird — Wed, 20 May 2009 22:54:08 +0000

Well said. If we’re in debt we have no one to blame but ourselves. But most of us thought the inflow of cash would keep the debt manageable. We thought we’d be paying it off in no time. But business has dried up and those credit cards we were using for special things, or special necessities, are now dragged out at the grocery store or the drugstore to purchase the basics of survival. They were used to pay for medicine and doctor visits, to repair the car, or pay the phone bill. How I wish I had never purchased that adorable pair of shoes that was once so irresistible. Now I’m using the cards to pay for things that were always paid for in cash until now, like food. And the numbers keep rising. I’M SO DEPRESSED. I’m so depressed it’s hard to concentrate on what I need to do to keep from being homeless. Always look on the bright side of life. Peek out from under that mountain of bills and look at the bare lightbulb hanging in the empty kitchen.

By: Jo

Jo — Wed, 20 May 2009 18:48:22 +0000

I have no debt, yet no real assets. Our culture is very competitive and the peer pressure to keep up with the Joneses is very strong. But the Joneses probably have a lot of debt. It is a huge relief not to have debt hanging over your head.