So What If I Can’t Pay My Bills

This is the equivalent to “So what if I’m fifty pounds overweight?,” “So what if I smoke a pack a day?,” and “So what if I like to tie one on every weekend?”

With the added detachment of not know exactly whom you owe the money to, it’s too easy to fall into this stage of denial. Certainly, if you owe Uncle Bill $5,000, you are going to pay attention to that debt, not because financially, it’s the best one to pay off first, but because your mother knows you owe her brother and mentions it every time you see her. And you like Uncle Bill.

But, really, who the hell is VISA? There’s no name. No face. No dinner on Sunday.

You’re not going to hurt VISA’s feelings.

And if you ruin your relationship with VISA, there’s always MasterCard.



Having a lot of personal debt can easily, and very suddenly, lead to a type of denial you didn’t think possible. You begin to detach yourself from the responsibility of the debt, and paying it off begins to take on a lower priority than it should.

Someone who had never bounced a cheque before in his life, can unfortunately find himself thinking, “They can take it out of the insurance when I die.”

And this kind of defeatist attitude will do more damage to your emotional and financial health than simply carrying the debt in the first place.

It means you’ve accepted your debt as part of your life. And given the stress and hardship that comes with a heavy debt load, that’s like saying, “Oh well, I have cancer. I was going to die anyway.”

If you’re feeling this way, you need to seek help. You need to speak to a financial professional who can help you understand your situation more fully, and to make a plan for your recovery. Find a credit counsellor. Today. And make an appointment.

And make sure your next phone call is to your doctor. Tell you doctor about your situation. Explain how you’re feeling and how you think your future looks.

Debt is a major environmental cause of depression. And giving up is the first major symptom.

If this sounds like you, talk to someone. Get some help. You need to find the spark that lights the fire under your butt. And if your debt has extinguished that spark, this could be the beginning of a long road downward that doesn’t have to happen.

Asking for help is not admitting you’re weak. It’s proving your strength. It takes more control and power to ask for help than it does to simply allow your problems to take that control and power away from you.