[LISTEN] Drowning in debt? Support group offers help to overcome money worries

Do you ever feel like you're being buried under mounting debt?

Have you begun lying to friends and family about just how much you owe?

Do you find yourself spending compulsively, despite already being in debt?

If so, a support group called Debtors Anonymous could be the solution to your problems.

Founded in the 1960's by recovering members of Alcoholics Anonymous, DA now holds meetings all over the world to help those facing problems with money.

Speaking to Sara-Jayne King, DA member Sarah explains the different facets of what's termed a 'behavioral addiction'.

There's the compulsive spending, the compulsive debting, the overuse of credit cards, bad saving and borrowing and then at the other end, there's the under earning, taking low paid jobs and feeling inadequate.

Sarah, member of Debtors Anonymous

Sarah says that at her first meeting she was able to relate to the experiences shared by other members of the group.

It was like someone was talking about a whole element of my life. It was a relief.

Sarah, member of Debtors Anonymous

There is no charge to attend Debtors Anonymous meetings and more information can be found at debtorsanoymous.org

Click below to find out if Debtors Anonymous could help you:


This article first appeared on CapeTalk : [LISTEN] Drowning in debt? Support group offers help to overcome money worries


Recommended

by NEWSROOM AI

702 welcomes all comments that are constructive, contribute to discussions in a meaningful manner and take stories forward.

However, we will NOT condone the following:

  • Racism (including offensive comments based on ethnicity and nationality)
  • Sexism
  • Homophobia
  • Religious intolerance
  • Cyber bullying
  • Hate speech
  • Derogatory language
  • Comments inciting violence.

We ask that your comments remain relevant to the articles they appear on and do not include general banter or conversation as this dilutes the effectiveness of the comments section.

We strive to make the 702 community a safe and welcoming space for all.

702 reserves the right to: 1) remove any comments that do not follow the above guidelines; and, 2) ban users who repeatedly infringe the rules.

Should you find any comments upsetting or offensive you can also flag them and we will assess it against our guidelines.

702 is constantly reviewing its comments policy in order to create an environment conducive to constructive conversations.

Read More
[LISTEN] SIU report reveals massive corruption in Gauteng Health Department

[LISTEN] SIU report reveals massive corruption in Gauteng Health Department

The report implicating ANC’s Gauteng chief whip Brian Hlongwa was released by Section27 on Thursday.

‘Americans are brilliant at consumerism! Brilliant!’ (lessons from the US of A)

‘Americans are brilliant at consumerism! Brilliant!’ (lessons from the US of A)

Bruce Whitfield interviews Aurik Business Accelerator founder Pavlo Phitidis for his weekly small business feature.

How to make your first R1 million (after that it just becomes so much easier)

How to make your first R1 million (after that it just becomes so much easier)

Rich. Wealthy. Financially free... Call it what you will; the first million is how you get there. Warren Ingram on his book...

It’s not too late to improve your finances for 2018

It’s not too late to improve your finances for 2018

Figures show South Africa has a ‘household debt to income ratio’ of 75%, meaning 3/4 of income goes to pay off debt

5 big money mistakes young people make

5 big money mistakes young people make

Arabile Gumede interviews Sugar Creek Wealth personal finance expert Gerald Mwandiambira.

Follow these tips and be well on your way to building wealth

Follow these tips and be well on your way to building wealth

FNB's Eunice Sibiya looks at transacting techniques that you can implement to turn your focus to building your wealth in 2018.

Popular articles
[LISTEN] Father shares how he shot the man who raped his daughter

[LISTEN] Father shares how he shot the man who raped his daughter

Johannesburg father, Chris says he had just come back from work when he walked in on an employee raping his 17 year old daughter.

Human trafficking: The life of drugs and prostitution - Grizelda Grootboom

Human trafficking: The life of drugs and prostitution - Grizelda Grootboom

The author of Exit, Grizelda Grootboom, explains how she was trafficked, drugged and sold for sex on the streets of Joburg.

Why the PAC wants South Africa renamed Azania

Why the PAC wants South Africa renamed Azania

Pan Africanist Congress's Narius Moloto explains why it supports the name Azania, a word which he says has Arabic origins.

Is the lovable Winnie The Pooh a boy or girl?

Is the lovable Winnie The Pooh a boy or girl?

A trending Twitter debate has left social media users arguing over whether Winnie the Pooh is a girl or boy.

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

UPDATE: Chilling WhatsApp from Marli van Breda's ex-boyfriend read out in court

Marli van Breda's ex took the stand in the trial of triple murder accused Henri van Breda.

3 easy questions could bag you R2000!

3 easy questions could bag you R2000!

WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...

Blesserfinder: Matching you with a sugar daddy near you

Blesserfinder: Matching you with a sugar daddy near you

Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?