See my research, posts, and articles on debt and depression, including the emotional impact, coping strategies, and financial solutions. Click the link to learn more!
The “King of Infomercials”, Don Lapre, was found dead in his Arizona jail cell early Sunday October 2, 2011. Lapre was known for being an early morning television infomercialist (is that a word? It is now) selling a product called “The Greatest Vitamin in the World.” The vitamins were a big scam and Lapre was …
“Dear Steve, My situation is no different from the others who contemplate suicide as a means to an end.My problem is,I have already attempted,but,obviously failed.The medical bills incurred from the attempt have now balooned to over 7k.I own a home with 50k remaining on the mortgage,and a trust of @150k earmarked to pay the mortgage …
“Dear Steve, I’m desperate, depressed and have been suicidal on a regular basis over debt and money issues. I am disabled and on SS, and my husband is working full time. We do not have a very high combined income, but too high to qualify for extra help (food stamps, etc). We’re renting in a …
“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, …
“Dear Steve, I have and estranged brother for 30 years. He became suicidal and started sending me emails. As a result we got him home and he was such a mess we immediately took him to a psychiatric facility where was admitted for several weeks. He came home to live with me and I realized …
“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 …
“Dear Steve, I have a work history of 30 years. I recently worked for a call center for 8 years. I am on disability for mental health after suffering a breakdown, due to domestic violence and stress from my job. I get 600 a month from disability, and food stamps. I raised 5 children on …
“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 …
“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 …
In a result that I doubt many would find surprising, a study of suicide rates from 1928-2007 found that people 25-64 were more likely to commit suicide and end their life during down economic times. The overall suicide rate generally rose in recessions like the Great Depression (1929-1933), the end of the New Deal (1937-1938), …