Debt Diaries

Debt diaries 003

January 16, 2024

🎂  Age?


🌎  Location?


🫥  Source ?


💸  Debt balance?


👂 What will you be sharing?

Spending regret story

📖  What would you like to share?

"When the pandemic hit, I thought let’s make the most of it!

Without a commute to work, I had a lot more time at hand and when furlough was eventually announced, I spent weeks at home. I splurged on new cute gym outfits to get fit and healthy, a new wardrobe for work, jewellery, some arts and crafts utensils to fill all those hours that were suddenly free and available, and in the name of education 2.5 grand on a L5 course in a field that I realised I was very passionate about!

All these things doubled my debt but at the same time, I finally felt like I knew who I am. I was bettering myself and felt like I was having the time of my life. #introvertalert

But then work was back in full force, worse than that because of redundancies. 8-12+ hours days, 5-6 days a week. After work, my brain was fried. My days off I spent recovering from work or working from home (free of charge). After only having managed two modules, the time to finish my qualification ran out and those £2.5k were down the drain... 👀

The error? I didn’t think about how to cope once I was back at work. 60+ hours of work plus full-time education is no easy feat and I couldn’t hack it."

❓ What happened for you to be in your current debt situation?

"Too restrictive living at uni and the first year in work force, not enough financial education and a student credit card. I was trapped in a cycle where you could either save or pay off debt and live a life."