Tag Archives: depression
- The Seven Stages of Debt. Which Stage Are You In?
Many years ago I wrote my original Seven Stages of Debt, as modified from the Five Stages of Death and Dying by Dr. Elisabeth Kubler-Ross. Both experiencing the emotional loss of a loved one and the emotional loss of your financial life are similar in some distinct ways. However, the emotional stages of debt also [...]
- Spouse suffers from severe depression. Should I cash out IRA funds to get mortgage to a manageable amount? – Sue
My husband suffers from severe depression and has lost 2 jobs in the last 2 years leaving me financially vulnerable. I need to plan my finances as if I were the only one bringing in an income. I have 2 children…1 in college with tuition costing me $25,000/year. I currently own a home worth $330,000 [...]
- Bankruptcy right for me???
I was out of work for almost a year and I also had an online smoking accessory company. Mostly lighters, ashtrays and cigar/cigarette cases but that went out of business this summer. My credit card debt went pretty high because of the trying to maintain the smal business and living day to day while I [...]
- My Son Just Returned Home From Active Duty in Afghanistan With PTSD and Debt. – Lori
“Dear Steve, My son just returned from Afghanistan, and he is very messed up w/ PTSD! He was on the frontlines for 9 months, and now he is home and up to his ass in debt, the US Government does not care about these kids, how do i get him help, he is depressed and [...]
- I’m Paralyzed With Fear Over My Student Loans. – Deni
“Dear Steve, Began 1 of 2 attempts at medical school 20 years ago. Am soon going to be 54 yo. After roughly 2-3 years of trying to make it work, I was dismissed due to poor grades. I was battling something… but didn’t know what. One Dr said depression, another said ADD. In 2004, the [...]
- My Severe Depression is Preventing Me From Paying My Medical School Student Loans. – Sayta
“Dear Steve, I went to college and then to Medical college and have about $190k in studnet loans. Originally it was 160K but I did not pay first two year so residency so the loans became 190K last two year I have been paying minium about $18,000 each year but that only covers interestes. Year [...]
- Adult Baby Continues To Receive Social Security Benefits – Fraud Allegations Dropped
Stanley Thornton, Jr. was featured, not too long ago, on an episode of National Geographic’s television show, “Taboo” where his life of living as an Adult Baby was showcased. When I first came across this news story I immediately thought of an episode of CSI I had seen once of an adult man living his [...]
- Debt Relief Service Did Not Mention Bankruptcy to Me But Debt Settlement Lawyer Did. – Patti
“Dear Lewis, Have spoke with a local reliable debt relief service. They sent me papers on all my credit, debt/income ratio. Even though it’s grim, they did not say bankruptcy, but left it up to me. My credit score is 750, but my income does not outway the credit card debt, $24,000. Many medical bills [...]
- I Hate My Job, My Boss is a Jerk, I’m Stressed, And Want Out. – Jamie
“Dear Steve, I am stressed feeling trapped in an employment contract that I signed for 3 years. In this contract states that if i am to resign before 3yrs, i would have to pay 6x of the stated salary which would sum up to 17K and 3monts notice or 3x salary on top of the [...]
- Debt With Dignity
In all sorts of corners of life we now assume that it is wrong to not treat others well. For example, in the U.S. we no longer have separate entrances based on the color of your skin. Buildings make allowances for physical limitations and a recent news story said that more people have developed a [...]
- I Suffer From Depression, Cashed Out My 401k to Pay Bills and I’m Now Being Sued. – Johnny
“Dear Lewis, I have suffered from depression all of my adult life. I lost my good job several years ago, then got much sicker during the next year. I didn’t work at all for 3 years, now part time for the past 4. I was hoping to have remissions as I did in the past, [...]
- I Often Think About Suicide to Ease My Pain of Debt. – Pete
“Dear Steve, I lost my job in January. I never really saved outside of a two month rainy day fund. I’ve used most of my savings to pay bills until I can land a new job at my old salary…still waiting. I’ve fallen behind on the mortgage, utilities, car, loans, etc. I’ve fallen into a [...]
- I’m Losing Control of My Sanity Because of My Debt. I’m Having Bad Thoughts. – Frank
“Dear Steve, Wife and I both had decent paying jobs and able to spend as much as we wanted, she lost her job and soon after unemployement debt I no longer had the overtime,bonuses and other perks, and 2 kids came along. we acrued a debt of 26k and now it is about to go [...]
- I Have a Sick Great-Aunt That Needs My Help But What About My Debt? – Amber
“Dear Steve, I am a single mom who has gotten in over my head in debt. There are many factors which include loss of job for several months, living off credit while I went to school full time, trying to work for myself now which is a slow start and just enough income for us [...]
- Debt With Dignity. Debt, the Modern Day Leprosy.
In all sorts of corners of life we now assume that it is wrong to not treat others well. For example, in the U.S. we no longer have separate entrances based on the color of your skin. Buildings make allowances for physical limitations and a recent news story said that more people have developed a [...]