How I got myself out of a $10k debt

Loans

The upward battle

While going through therapy, I got myself a part-time job. I had to pay for it somehow and that was better than having no income at all.

With what I was making, I managed to make minimum payments towards my debt. By this time, I had incurred a $10,000 debt. That was what I was facing.

Finally, I found a full-time job. Then I had to look for another one. I needed two jobs to make a dent on my debt. One income was solely for my debt and nothing else.

Soon after that, I started taking money out the other one to also go towards my debt. It was a struggle, but I managed to pull it off. In a year, I was able to get myself freed from my mistakes.

What I learned

The rush that you get from buying stuff to suppress your depression is temporary and you need lots of it. Debt, on the other hand, takes a long time to recover from.

I had to sacrifice my social life and I had to give up a lot of luxuries to be able to pay for my mistakes. After having gotten out of it, I’m sure I will never put myself in that situation again.

I thought I couldn’t handle money, but that wasn’t the issue. How I was with money was only a symptom of a bigger thing: depression.

So when you’re digging a hole for yourself, ask yourself why you’re doing it. What’s the real problem there and how can you solve it?

By admitting that you have a problem, that’s the only way you can climb out of that hole.

 

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