Overdraft is maxed out on -£1,800
Payday loan - £525 due
Paypal credit - £219
Owe friends- £256
Rent- £356 a month
Summer job - £1800 (£600 * 3 in monthly instalments)
Student loan - £7500 (annual)
I'm going to get a job when I'm back at university too but I still don't think this will be enough to get me out of this mess. I'm considering getting a debt consolidation loan and pay back in monthly instalments - although these could be £200 a month.
My main issue is my attitude to money, I hate that it has to be an issue so I just ignore it because I love doing things, going out and treating my friends/family. My mental health (depression, anxiety, BPD) can make me impulsive or use spending as a coping mechanism, however I'm getting therapy and on medication now. My mental health also made it a struggle to maintain a job or get out of bed so I've left my happier self this financial debt to deal with. However, I'm dedicated in turning this around now and have had a shift in attitude towards money.
Does anyone have any tips or advice on what my next steps should be to sort this out?
Submitted August 12, 2018 at 08:40AM by mib96 https://ift.tt/2MFOjf9
