There are some sentences you never expect to say out loud.

And one of mine is this: I was genuinely facing bankruptcy.

Not in a dramatic, click-baity way. Not in a “things are a bit tight” way. But in a very real, very legal, this is actually one of my options right now kind of way.

In this episode, I’m taking you back to the moment my money avoidance finally caught up with me — and what actually got me out of £26,000 of debt in 18 months.

Spoiler: it wasn’t a perfect budget.

If you’re smart, capable, earning decent money — and still feel stuck, anxious, or quietly ashamed about your finances — this episode is for you.

For years, I believed things like:

• I’ll sort my money out when I earn more
• Everyone lives in their overdraft — that’s what it’s for
• Credit is just how you afford a life these days
• People like me aren't debt-free or financially secure

I was educated. I earned well. I was “good with everything else.” And yet money felt chaotic, emotional, and impossible to control.

Until one calm, non-judgemental phone call with a UK debt charity completely dismantled what I thought was “normal” spending — and forced me to question where my money was actually going… and why.

That conversation changed how I see money, joy, goals, and my future self.

In this episode, we talk about:

• What nearly going bankrupt really looks like (and why it’s more common than you think)
• Why budgeting kept failing me — and probably isn’t the real problem for you either
• The moment I realised I’d been outsourcing my joy to future-me (on credit)
• Why deprivation-based budgets create resentment — and rebellion
• How a £200 “joy fund” helped me pay off £26k of debt faster, not slower
• The emotional cycle of debt, stress, and survival spending
• Why mindset and systems are both non-negotiable if you want real change
• How to measure every spending decision against one clear financial goal
• The belief shift that made everything simpler: don’t fund joy with debt

Mentioned in this episode

• UK debt charities and free debt advice services
• Budgeting “averages” vs personal values
• Emotional spending and survival mode
• Buy Now, Pay Later and 0% credit myths
• Cost-per-wear thinking
• Values-based spending
• The £200 joy fund concept
• She Means Money Club philosophy: mindset + systems = freedom

Your Next Steps:

📲 Find Me on Socials

• Instagram: https://www.instagram.com/iam.sianpalmer/
• TikTok: https://www.tiktok.com/@iam.sianpalmer

💸 Start Taking Control of Your Money

Get access to free tools and resources: 👉 She Means Money Club – Free Tools: https://shemeansmoneyclub.com/links

Facts, Figures & References https://shemeansmoneyclub.com/post/i-was-almost-bankrupt-heres-what-actually-changed-everything