Hello, Thank you for your time, (and possibly your donation!).
I have got to the point where i am literally begging strangers online for help. My wife has no idea i am writing this, while i type this plea, she is curled up sobbing and exhausted on the bed after her 18th consecutive day of work.
She is working 3 jobs while also trying to study for a degree and is 6 months into a 3 year course where she is learning to become a qualified podiatrist. She is working almost 60hrs+ and studying 16hrs each week.
I am currently working around 55hrs+ a week and take what little overtime and weekend work is available whenever possible. I have been with my current company for just over 5 years now.
We are both in our 30s, work full time, have no children and yet have still managed to spiral into substantial debt. Weve been far from the most needy people out there but are hardly well off either. We have the usual monthly outgoings, mortgage, council tax, insurances, phones and internet etc. we do not have a lavish lifestyle by any means. I cannot afford my own car, i help my wife pay for her car (a skoda citigo) while i am lucky enough to have use of the work van provided.
Before Covid hit, we took out a loan to clear up some credit card and various other small debts and also spent just under £2000 to fix up the kitchen and a few bits around the house, we had been in our home for about 2 years at this point and hadnt really done anything to it since moving in, seemed manageable at the time.
Then, Covid and a whole bunch of other financial problems arose pretty much at the same time and completely out of the blue. I was put on furlough for 3 months at the start of the pandemic, my brother lost his job, his girlfriend and the roof over his head and was at rock bottom. He asked for some help so i tried to be the good big brother, got another loan out to help ourselves and my brother. He hasnt managed to stay in full time employement since which means i get little to nothing back from him. Then the boiler broke, then a couple of unexpected vet bills, then we forked out over £1200 trying to keep my wifes previous car going, which later turned out to be a complete waste and as you can see things really snowballed very quickly from there. We cut out any unnecessary expenses and also sold anything we could live without just to keep paying the bills.
Flash forward a couple of years, we now have no savings, reached our credit card limits and are deep into our overdrafts, we have just been paying out more than were getting in for long enough that we have literally reached the very limit. our only next step is to sell the house we have worked long and hard for to pay everything off, move to one of our parents and start all over again.
My wife suffers with her mental health and has done for most of her life but this has put so much more stress on her that she really isnt coping. I came home one day last year and found her being carted off in an ambulance after she attempted to take her own life. Thankfully she survived but everyday ive lived with the fear that next time she would succeed ever since. I try to be her rock, something solid to help keep her grounded but we are both just so emotionaly and physicly exhausted.
I just dont know what else to do at this point.
With pretty much everybody else we know in similar financial situations, there really isnt anybody we could turn to for help. I am not asking for you to pay off our mortgage or pay our loans but if we could raise enough to get out of our overdrafts and possibly our credit cards we could get back on track. hopefully our run of bad luck is over. We have 7 years of repayments left on our biggest loan but if we are no longer making credit card and overdraft repayments i think we can manage. Just those expenses alone would free up around £250-£300 a month which would be
Thank you very much for taking the time to read our sob story, and a very big thank you to anybody in a position to donate! Anything you could spare is greatly appreciated!
Currently our accounts look something like this..
Mine:
overdraft: – £560
credit card: – £4,380.49
loan: – £17,705.04
Wife:
overdraft: – £1000
credit cards: – £3500
paypal.me/thedeadendz