She Strengthens

Breaking the Silence on Financial Shame

As someone who’s built a reputation on being open and honest about my personal life, it’s surprising that I’ve kept one major aspect of my life under wraps: my finances. The truth is, I’m not doing great financially. I’m living with over $8,000 in credit card debt, a burden that’s become all too familiar for many Americans.

The Weight of Debt

Credit card debt is often stigmatized as a moral failing, a personal weakness that can be overcome with simple discipline. But the reality is more complex. For me, debt is a result of a combination of factors, including depression, unstable work, and the high cost of living in cities like Denver.

Mental Illness and Low-Paying Jobs

My mental health has played a significant role in my financial struggles. With a history of depression and borderline personality disorder, I’ve often turned to overspending as a coping mechanism. This vicious cycle has led to a pattern of behavior that’s hard to break. Low-paying jobs have also contributed to my debt, as I’ve had to rely on credit cards to cover essential expenses.

A Cycle of Shame

When I’m struggling with depression, I tend to overspend on things that bring temporary comfort, like food delivery or nights out at the bar. This behavior may provide a fleeting sense of relief, but it ultimately worsens my financial situation. It’s a cycle of shame, one that I’m determined to break.

Taking Control

To tackle my debt, I’ve started practicing mindfulness with my spending. I’m asking myself tough questions about my motivations and prioritizing my financial goals. I’m also focusing on paying off my credit cards with the highest balances and interest rates first, and committing to regular therapy sessions to address the underlying issues driving my overspending.

A Message of Hope

If you’re struggling with mental illness and debt, know that you’re not alone. It’s possible to break free from the cycle of shame and take control of your finances. By prioritizing your wellness and seeking support, you can start to heal and live a more intentional, fulfilling life. Remember, taking care of your mental health is the first step towards achieving financial stability.