Hi friends, i am from a middle class family with a job for last 20 years, but recently i ended up doing some bad decisions and facing deep financial trouble and a huge debt and no one to help, dont know how to get out of this mess. Please help me out
I feel lonely and depressed, i was having a normal life two years before, but now my life seems a burden for me. dont know what will happen to me, my wife and my one son for whom i had a dream before
itβll be OK. Take deep breaths, and relax. Take a bit of time off, just whatever makes you smile :D every time you get some change, put it in a jar and save up like that :)
Sanket @sanket
Debts!
Relax for a bit, manage some personal space with your wife/family. Tell them the whole truth. Figure out the reason for why did u take a loan? Why this debt has occurred?
Start plotting a plan, a financial plan, keep your self organize, lower your expenses, if possible start doing some part-time work.
Make sure you always be clear with your wife, your family should be aware of each and every detail.
Handover the financial control to your wife.