Comments on: Money and Depression http://www.thesimpledollar.com/2006/12/29/money-and-depression/ Simple, applicable personal finance advice for the modern world Sat, 21 Nov 2009 22:03:21 -0800 http://wordpress.org/?v=2.8.4 hourly 1 By: Gary S http://www.thesimpledollar.com/2006/12/29/money-and-depression/comment-page-1/#comment-705933 Gary S Tue, 23 Jun 2009 02:32:50 +0000 http://www.thesimpledollar.com/2006/12/29/money-and-depression/#comment-705933 Wow. Good stuff. I know that eventually things will turn,but living through debt really hurts. After many years in the television industry, I decided to form my own company. 3 years later my income is almost non existant, and my wife is paying most of the bills. The ironic thing is that my company has turned a profit this year, but 3 years of bad decisions has put me in such a hole that the money goes out faster than it comes in.I've actually started taking ownership of my mess a year ago, but it's probably 2 years before I can turn this around. Meanwhile, I have 2 teenage kids, a big mortgage, and I feel my world is crashing down on me.I have to take it one day at a time, cause when I look at the big picture, depression sinks in and my day is blown. My family can sense when I am down, my workers. Again, I know it will get better. But it can't come soon enough. Wow. Good stuff. I know that eventually things will turn,but living through debt really hurts. After many years in the television industry, I decided to form my own company. 3 years later my income is almost non existant, and my wife is paying most of the bills. The ironic thing is that my company has turned a profit this year, but 3 years of bad decisions has put me in such a hole that the money goes out faster than it comes in.I’ve actually started taking ownership of my mess a year ago, but it’s probably 2 years before I can turn this around. Meanwhile, I have 2 teenage kids, a big mortgage, and I feel my world is crashing down on me.I have to take it one day at a time, cause when I look at the big picture, depression sinks in and my day is blown. My family can sense when I am down, my workers. Again, I know it will get better. But it can’t come soon enough.

]]> By: rodgerlvu http://www.thesimpledollar.com/2006/12/29/money-and-depression/comment-page-1/#comment-663027 rodgerlvu Fri, 15 May 2009 06:16:36 +0000 http://www.thesimpledollar.com/2006/12/29/money-and-depression/#comment-663027 Thanks for the info. you do well in thinking and writing... Thanks for the info. you do well in thinking and writing…

]]> By: Lisa W. http://www.thesimpledollar.com/2006/12/29/money-and-depression/comment-page-1/#comment-406183 Lisa W. Fri, 31 Oct 2008 07:32:52 +0000 http://www.thesimpledollar.com/2006/12/29/money-and-depression/#comment-406183 I'm glad I found this. People don't realize how important money is! If you don't have enough, you're stuck in a mediocre life. Bad neighborhood, tiny apartment, etc. That "Money isn't Important" crap society instilled in our heads is pure b.s. to keep us down and humble, while the rich have all the fun. I wish I'd learned this sooner, but now that I have I'm seriously working everyday to have my OWN BUSINESS. Forget this living paycheck to paycheck crap! I’m glad I found this. People don’t realize how important money is! If you don’t have enough, you’re stuck in a mediocre life. Bad neighborhood, tiny apartment, etc. That “Money isn’t Important” crap society instilled in our heads is pure b.s. to keep us down and humble, while the rich have all the fun. I wish I’d learned this sooner, but now that I have I’m seriously working everyday to have my OWN BUSINESS. Forget this living paycheck to paycheck crap!

]]> By: Ms. PW http://www.thesimpledollar.com/2006/12/29/money-and-depression/comment-page-1/#comment-347087 Ms. PW Tue, 05 Aug 2008 17:00:42 +0000 http://www.thesimpledollar.com/2006/12/29/money-and-depression/#comment-347087 Interesting post. I agree that people who are in a position where their money problems are self-induced can find a way out of it. But what if you have a 750 credit score, are current on all you bills and have struggled intensely in the past year to do so and are now at the point of not having the money to pay your credit card minimums anymore and have to file for chapter 7 in order to keep your home? I agree that most ppl's money problems are self-induced. This is not the case with my husband and I. I am disabled and he is self-employed in an industry that has taken a nose-dive in the recent economic depression. His #1 client went bankrupt this year and we have been surviving on credit for nearly a year now, expending more than we bring in, just living minimally. Neither of us have bought new undergarments in nearly 2 years. We both drive paid-off vehicles over 12 years old, each. We are down to 10% of what our income stream was 2 years ago. We do not spend money as you described in your post. We live very simply and always have. We have always paid our credit card balances, not the minimums, until recently. we could not sell our house to get out from under the mortgage thanks to the ppl in the mortgage industry who lent to those who couldn't afford it. It was on the market for a year. So, what do you do when you have a 750 credit rating, a major in Business Management, are facing Chapter 7 and mandatory budget counseling classes? The problem is not how we manage our money. It's the idiots making decisions about how to manage our country's wealth messing things up for all of us. Thanks Reagan for your 'Trickle-Down Economic Debt" and NAFTA. Soon people will be crossing the border from the US to get into Mexico to get decent jobs! If you have the luxury, and yes, it is a luxury, of spending money you don't have, then you are creating your own issues. Hmmm, no reply necessary. Just food for thought. Things have changed a lot in 2 years. Bitter and Cynically. Ms. PW Interesting post. I agree that people who are in a position where their money problems are self-induced can find a way out of it. But what if you have a 750 credit score, are current on all you bills and have struggled intensely in the past year to do so and are now at the point of not having the money to pay your credit card minimums anymore and have to file for chapter 7 in order to keep your home? I agree that most ppl’s money problems are self-induced. This is not the case with my husband and I. I am disabled and he is self-employed in an industry that has taken a nose-dive in the recent economic depression. His #1 client went bankrupt this year and we have been surviving on credit for nearly a year now, expending more than we bring in, just living minimally. Neither of us have bought new undergarments in nearly 2 years. We both drive paid-off vehicles over 12 years old, each. We are down to 10% of what our income stream was 2 years ago. We do not spend money as you described in your post. We live very simply and always have. We have always paid our credit card balances, not the minimums, until recently. we could not sell our house to get out from under the mortgage thanks to the ppl in the mortgage industry who lent to those who couldn’t afford it. It was on the market for a year.
So, what do you do when you have a 750 credit rating, a major in Business Management, are facing Chapter 7 and mandatory budget counseling classes? The problem is not how we manage our money. It’s the idiots making decisions about how to manage our country’s wealth messing things up for all of us. Thanks Reagan for your ‘Trickle-Down Economic Debt” and NAFTA. Soon people will be crossing the border from the US to get into Mexico to get decent jobs!
If you have the luxury, and yes, it is a luxury, of spending money you don’t have, then you are creating your own issues. Hmmm, no reply necessary. Just food for thought. Things have changed a lot in 2 years.
Bitter and Cynically. Ms. PW

]]> By: Kelley Ann Hornyak http://www.thesimpledollar.com/2006/12/29/money-and-depression/comment-page-1/#comment-285239 Kelley Ann Hornyak Sat, 24 May 2008 02:03:25 +0000 http://www.thesimpledollar.com/2006/12/29/money-and-depression/#comment-285239 This blog post really struck a chord with me. I've been very depressed about money for quite a while now--too depressed to even work harder to make more of it. I end up spending money on things that I think will make me feel better, which just compounds the problem. I particularly like your idea about writing down the things we decide not to spend our money on. Writing down those positive choices is a reward in itself! I'm starting that list NOW. Thank you for that! This blog post really struck a chord with me. I’ve been very depressed about money for quite a while now–too depressed to even work harder to make more of it. I end up spending money on things that I think will make me feel better, which just compounds the problem. I particularly like your idea about writing down the things we decide not to spend our money on. Writing down those positive choices is a reward in itself! I’m starting that list NOW. Thank you for that!

]]> By: Bettsi http://www.thesimpledollar.com/2006/12/29/money-and-depression/comment-page-1/#comment-18940 Bettsi Tue, 17 Apr 2007 23:25:41 +0000 http://www.thesimpledollar.com/2006/12/29/money-and-depression/#comment-18940 Hello! I am enjoying your blog so much! I just found you today and I am drinking it in like a man in the desert! Thank you for sharing your experiences and offering hope. I'll definitely be reading along. Hello! I am enjoying your blog so much! I just found you today and I am drinking it in like a man in the desert! Thank you for sharing your experiences and offering hope. I’ll definitely be reading along.

]]> By: Bren http://www.thesimpledollar.com/2006/12/29/money-and-depression/comment-page-1/#comment-15383 Bren Wed, 04 Apr 2007 03:17:32 +0000 http://www.thesimpledollar.com/2006/12/29/money-and-depression/#comment-15383 You really hit me hard with this, That is me your talking about!!! I'm going to change and do what you did. Thanks for starting me in the right direction! Sometimes we just need to see that someone else is just like me. I thank you from the bottom of my heart. I really like this site. You really hit me hard with this, That is me your talking about!!! I’m going to change and do what you did. Thanks for starting me in the right direction! Sometimes we just need to see that someone else is just like me. I thank you from the bottom of my heart. I really like this site.

]]> By: John Edmonds http://www.thesimpledollar.com/2006/12/29/money-and-depression/comment-page-1/#comment-14828 John Edmonds Sun, 01 Apr 2007 19:59:38 +0000 http://www.thesimpledollar.com/2006/12/29/money-and-depression/#comment-14828 In the UK at least, Depression is now the third biggest reason to visit a GP and yet, outside of the medical field, very few people understand what Depression is all about. You might therefore be interested in a brand new DVD just released by my company called EVERYTHING YOU ALWAYS WANTED TO KNOW ABOUT DEPRESSION and presented by UK Consultant Psychiatrist Dr Darryl Britto, who made the DVD especially for Depression patients and those training in the medical field. He discusses the myths about Depression, as well as its causes, symptoms, diagnosis, the various treatment including antidepressants, Cognitive Behaviour Therapy, and Social Intervention, and then goes on to discuss prognosis (outcomes of treatment.) MORE INFO AT: www.TimeTrappers.co.uk Cheers, John Edmonds, CEO, TimeTrappers In the UK at least, Depression is now the third biggest reason to visit a GP and yet, outside of the medical field, very few people understand what Depression is all about.

You might therefore be interested in a brand new DVD just released by my company called EVERYTHING YOU ALWAYS WANTED TO KNOW ABOUT DEPRESSION and presented by UK Consultant Psychiatrist Dr Darryl Britto, who made the DVD especially for Depression patients and those training in the medical field. He discusses the myths about Depression, as well as its causes, symptoms, diagnosis, the various treatment including antidepressants, Cognitive Behaviour Therapy, and Social Intervention, and then goes on to discuss prognosis (outcomes of treatment.) MORE INFO AT: http://www.TimeTrappers.co.uk

Cheers, John Edmonds, CEO, TimeTrappers

]]> By: Karen http://www.thesimpledollar.com/2006/12/29/money-and-depression/comment-page-1/#comment-2408 Karen Tue, 02 Jan 2007 20:22:17 +0000 http://www.thesimpledollar.com/2006/12/29/money-and-depression/#comment-2408 Thanks for the info. Here's my trackback. Karen http://www.thriftymommy.com/is-your-debt-making-you-depressed/ Thanks for the info. Here’s my trackback.

Karen

http://www.thriftymommy.com/is-your-debt-making-you-depressed/

]]> By: Daniel http://www.thesimpledollar.com/2006/12/29/money-and-depression/comment-page-1/#comment-2152 Daniel Sat, 30 Dec 2006 17:53:05 +0000 http://www.thesimpledollar.com/2006/12/29/money-and-depression/#comment-2152 I'll second what Molly said... the stuff you're saying is not complicated, it's just laid out plainly for us to see, structured so as to make the whole money thing far less overwhelming. I'm of the same opinion you have, I don't like money, so if I become organized, I won't have to think or worry about it. I want you to know how much I appreciate your writings and this blog in general... it's become something of an inspirational guide. Keep up the great work and don't stop. I’ll second what Molly said… the stuff you’re saying is not complicated, it’s just laid out plainly for us to see, structured so as to make the whole money thing far less overwhelming. I’m of the same opinion you have, I don’t like money, so if I become organized, I won’t have to think or worry about it.

I want you to know how much I appreciate your writings and this blog in general… it’s become something of an inspirational guide. Keep up the great work and don’t stop.

]]> By: Ms. Molly Golightly http://www.thesimpledollar.com/2006/12/29/money-and-depression/comment-page-1/#comment-2108 Ms. Molly Golightly Fri, 29 Dec 2006 20:01:00 +0000 http://www.thesimpledollar.com/2006/12/29/money-and-depression/#comment-2108 Thank you for a wonderful post. I almost cried when reading it because it sounded so familiar. It's comforting knowing you're not alone, and it's inspiring knowing that there is hope. Thank you again! Thank you for a wonderful post. I almost cried when reading it because it sounded so familiar. It’s comforting knowing you’re not alone, and it’s inspiring knowing that there is hope. Thank you again!

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