I’m a Single Mother Stuck in Debt. I’m Stressed, Apprehensive, and Worried.

“Dear Steve,

Hi Steve, I am a 35 year old single mother, who has about $15,xxx.xx in credit card debt. I’ve been robbing Peter to pay Paul, and need a smart way out.

Can you please give me insight, as to how I can get out of debt, without using a debt consolidating company? I’ve been considering using one of these companies, but am apprehensive because I’m afraid that it might be a bad idea. What do I do?? It’s so stressful, because I don’t make enough money each money, to pay all of my bills and still have money left over for gas, groceries and emergencies.


Dear Sarah,

Thank you for reaching out to me for help.

Here is the good news, we can get you headed in the right direction so slow down the worrying and stress. You are now on a journey to deal with this.

The issue isn’t if a debt consolidation company is a bad idea, it is if it is the right solution. That’s not something we are going to know without you doing some homework.

But here is what I am assuming from the start. I suspect you wound up with the debt because you had to make ends meet. Slowly the balance has been creeping up and you’ve found yourself having to charge even basic things like gas and food that you are not able to pay off on a monthly basis. I’m guessing you have no savings account or emergency fund and you are just limping from month to month.

If I’m generally right about your situation I don’t think a credit counseling or debt consolidation company is going to be the right approach. I think we actually need to look at more of a comprehensive intervention to give you a chance of breaking this cycle.

And Here is Where Your Life Begins to Change for the Better

I’d suggest you first read How to Get Out of Debt. The Honest and Unvarnished Truth and The Truth About The Success Rates, Failure Rates and Completion Rates of Credit Counseling, Debt Settlement, and Bankruptcy. They will give you a great overview of what we need to deal with to get you moving in the right direction.

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Then use the free How to Get Out of Debt Calculator to review your options.

Once you’ve identified a company you want to work with, then follow my step-by-step guide on how to check out a debt relief company.

Please post your responses and follow-up messages to me on this in the comments section below.


You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.

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Damon Day - Pro Debt Coach

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Steve Rhode is the Get Out of Debt Guy and has been helping good people with bad debt problems since 1994. You can learn more about Steve, here.
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