The bright side of Blue Monday

posted by in Budgeting

free from debt

Looking on the bright side…

It’s cold, it’s dark, and maybe it’s even snowing. It’s mid-January, Christmas seems an age ago, the only reminder is the credit card bills landing on your doormat, reminding you once and for all that this is the most depressing time of the year!

Blue Monday is (apparently) the most depressing day of the year. It’s the third Monday of January, when the credit card statements arrive in the post, a miserable reminder of just how much you may have spent over Christmas. However, we think there’s a bright side to this annual misery-fest.

So what’s the bright side of Blue Monday?

Blue Monday is also one of the busiest days of the year for StepChange Debt Charity, when more people than ever decide to seek debt help.

How’s that a bright side?! Let me explain…

Making the decision and finally reaching out to an organisation like StepChange Debt Charity is usually the biggest step people in debt can take. We’ve referred to it in the past as the ‘light bulb moment’, when most people face up to the fact that their debts are out of control and that they need help.

It’s hard to ask for help and we understand the courage that it takes to come forward and seek debt advice from us.

It’s also one of our busiest days online; people search our website and blog for advice on how to seek help and our online debt advice tool Debt Remedy is white hot with people actively looking for debt solutions.

For all the depressing and negative talk around Blue Monday it’s actually a day that spurs people into doing something to help sort out their finances.

So for many people Blue Monday is actually the first day of something really positive: the day they finally re-take control of their finances.

Matthew worked as an IVA drafter prior to working in social media. In a former life he wrote scripts for Eastenders, Emmerdale and Hollyoaks. He has 3 chickens, 2 dogs and a rabbit.

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  • Valerie

    I no longer have a credit card – my main debt was as a result of overuse of a credit card. It has been hard over the past 18 months on my DMP but surpisingly I got through Christmas 2011 and 2012 by forward planning and scaling down my budget. I started Christmas shopping in the Summer (with 3 Grandchildren’s birthdays I used the 2 for 1 offers to get their Christmas presents at the same time!). This meant my December salary was unspent and I will get through January 2013 without trauma.