Credit Nightmares: Online Money Confessions

Posted by: Desiree B. | Jan 10,2008

Geezeo has started an online money confessions section. The simple confessions are gripping, speak loudly about today’s economy and well, they just make you think. You might be surprised to find yourself in the comments posted online. From the money confessions page:

 

• “I have failed to manage my money all my life! I hope to recover some day.”
• “I am an emotional buyer. I try to buy myself 'better'.” 
• “Sometimes, when I go under a certain amount in my checking account, I'll siphon money from my savings just to feel like I'm not broke.” 
• “I'm almost $40k in debt (more than half of that is Credit Card Debt at over 18% APR) and I'm only in my mid twenties!!!!” 
• “I can't save any money.”
• “We make enough money to save and be comfortable but we spend without a budget and are quickly mounting debt, making me uncomfortable.” 
• “I spent over $600 that I didn't have on my fiancé’s Christmas gift.” 
• “I have seriously considered becoming a personal escort to help pay my bills.”

 

Sound familiar? You're not alone! If you’re struggling with your own finances, consider a debt consolidation loan. You can compare loans from multiple lenders online before you choose one at LowerMyBills.com. 

 

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