I left my job at a bank last year with a good salary and a great company.
Then last month, I took a step back, and was told that I owed nearly $30,000.
I knew the debt was serious, but I thought the money would come back.
But instead, I started seeing bills that kept piling up.
I didn’t realize it was a loan, but it was more than a few hundred dollars more than my salary and benefits.
My husband has no way to pay this debt, but he doesn’t have to either.
For the past six months, he’s been working at his job as a financial planner, and it’s not enough.
We’re trying to pay the bills, but we’re also struggling to pay our mortgage and medical bills.
I’ve seen my credit score go from good to mediocre to worse.
I don’t know how we’re going to pay for all of this.
How does this make you feel?
I’ve tried to balance this out.
I worked hard for a great job.
But when the money started piling up, I thought it was my fault for not having enough money.
I was surprised when I was told the other day that I’d owe $31,000 in student loans.
I never thought about the loan for a minute.
Why do you think I feel this way?
I was taught by my parents to be financially responsible.
I tried to get as much as I could from my parents, and the best thing I can do is help others.
I thought I’d make some money by helping others, but the more I’ve been working, the more it feels like I’ve lost my edge.
What should I do?
I’m not the only one struggling to keep up with the bills.
There are many people out there who feel like they have to work harder than they used to to survive.
But there are many others out there with money problems, too.
Some of these people have experienced bankruptcy.
They might be unemployed or in debt.
If you or someone you know has been struggling financially, you can help them.
Call the National Credit Union Administration (NCUA) at 1-800-823-2671 to learn more about how you can support someone in this situation.