“I feel ashamed and don’t want my loved ones to find out,” is one of the main barriers to getting debt advice, according to StepChange Debt Charity.
I know through my work as a money coach that there’s a lot of shame around money.
Money shame is the feeling that you’re fundamentally “bad”, stupid, unworthy and lacking in your abilities when it comes to money.
Shame makes people turn inwards, beat themselves up, and stops them seeking help.
And this is a problem. Especially when it comes to debt. Because it means the situation gets worse.
Monday 24 March marks the start of Debt Awareness Week, run by StepChange. It aims to raise awareness and understanding of the stigma around debt and help people take the first step to getting…
