A little over a year ago, 30-year-old Clare Seal was 27,000 in debt, and in denial.
Ten years of living month to month, two pregnancies and a Pinterest-perfect wedding had caused her to lose her grip on her familys finances and avoiding the issue was easier than asking for help.
Calls from the bank were diverted to voicemail. Letters piled up, unopened. Her rock-bottom reckoning, in March 2019, revealed 25,000 of credit card debt, a 2,000 overdraft, and no accessible savings.
At the time, she was a social media manager, her husband works in hospitality, and their joint income was 64,000.
Desperate to break the cycle of debt, but too ashamed to ask her friends or family for help, she started @myfrugalyear on Instagram and posted a scree…
Read the full article at: https://www.theguardian.com/money/2020/jul/04/debt-the-first-step-towards-change-is-admitting-you-have-a-problem
