Summary
Keep calm and carry on? Easier said than done when recession, debt and redundancy are blighting so many lives. In Mental Health Action Week, Emma Cowing hears about the emotional cost of financial anxiety and how best to deal with it
SARAH* WAS a bright and happy 23-year-old mature student when her creditors started catching up with her. "I'd taken out too many credit cards and store cards and I had a lot of overdrafts. I wasn't paying enough attention to how much money I was spending. Before I knew it I was GBP 30,000 in debt," she says. Instead of dealing with the situation, she tried to ignore it.See the full content of this document
Extract
The Fear Factor
"I was chucking letters from debt-collection agencies into the bin because I just couldn't face them, and the letters they were sending were so threatening that I was genuinely scared. You try and put it out of your mind but it's always there, gnawing at you. You try to ignore it, but the problem just gets bigger."
Although she was studying for a postgraduate degree, Sarah became so overwhelmed by her money worries that she chucked in her studies just three months into the course and moved back home to li...See the full content of this document
Sponsored links
