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| Confession of a Shopaholic |
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When I was 16 years old I got my first job in retail. I no longer had to beg my parents to buy me things. They only bought the necessities and I could never compete with girls in school who were wearing designer shoes and clothes. My mom shopped only at discount stores and all my outfits came from there. I was so embarrassed because I was made fun of almost on a daily basis. So as soon as I tuned 16, I went out and applied at a few stores in the mall. I got a job within a week and was super excited when I got my first paycheck. I blew it all on new clothes and shoes. It felt good to go to school wearing designer clothes for the first time ever. I got paid every two weeks and spent everything I made. My mom suggested I shop at discount stores so I can get more for my money but that was the last thing I wanted to do. My dad on the other hand made me get a savings account and forced me to put a portion of my check in savings.
That savings account my dad had me open has been wiped out and I have no money to my name. My parents are letting me stay with them but they are refusing to help me pay my credit card debt. I'm looking for a job but the interest on the cards keeps climbing and climbing. Sometimes I feel like I'm going to have a nervous breakdown. This is my shopaholic confession. Comments are welcomed. |
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Fast forward to the present time. I'm in my twenties and I had to move back in with my parents because I lost my job. My landlord evicted me for lack of payment. I have a problem with not being able to control my spending. I have 8 credit cards which all have high balances. I am currently $23,000 in debt! Sad to say…most of those charges are from clothes, makeup, spa services, etc. etc.
Comments
Well done for opening up about your debt and overspending. It's a big step.
The next one is, if you haven't already, try not to use your credit cards. You have to stop digging the hole you're in.
Talk to the Credit card companies and come to repayment agreements with them if possible so that you keep paying them, even the minimum each month. Don't bury your head.
See if your parents would pay for you to see a Financial RecoverySM Counselor.
Good luck and again well done for admitting your problems
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