13 Feb 2019

Talking to friends and family about your debt

Talk about debt. Share your worries.

Talking to loved ones about your debt

Debt can be very difficult to talk about, especially with those closest to you. Thousands of people are dealing with their debt alone, and have no one to talk to about it. This can make debt an even bigger burden to carry. Talk about your financial burden with those closest to you and start the process of clearing your debt today.

Where possible, we recommend that you’re open and honest with your loved ones about your financial situation. However, talking about debt can sometimes bring conflicting difficulty into a relationship. The sooner you are honest with the people closest to you, the better.

Getting debt help and advice from CLB is only part of the process. Talking to others can make a lot of difference in coping with your financial burden. Whatever your situation, here are a few steps you can take to make things easier for you.

Talking to someone in confidence can give you support on the following:

  1. Help you deal with any letters or threats you may be receiving.
  2. They can help you organise your money and budget on a month by month basis.
  3. They may be able to help you with your outstanding debt.
  4. They can share useful information with you on how to save money.
  5. They are there to support and comfort you.