My Financial Situation is looking REALLY BAD... [y_09ZPuXBLM]

My financial situation is not looking very

good. I'm in so much debt, I owe so much

money, and I'm just not making that much

money anymore like I used to, and I don't

really know what to do. I was living in

Japan for a few months earlier this year,

and I actually got my first ever credit

card last year. And I was always kind of

worried about getting a credit card

because you hear so many scary stories

about people getting into credit card

debt. And I wanted to get one anyway just

so I could help pay for things, and I

thought, well, I can pay it back later

when I get back home to the UK. So I got

myself a credit card last year and I was

pretty good with not using it until I went

to Japan earlier this year and I kind of

had a great time in Japan. I went to all

these different places. I stayed at these

nice places. I had fancy food and yeah,

in general, I had a pretty good time in

Japan and I had to use the credit card in

order to have a good time and now I'm in

nearly £2,700 of credit card debt

and I have to pay that back by next year.

So I signed up to this credit card and

because it's my first time signing up to

one, I I got the introductory offer of 15

months without any interest. So I think I

got the credit card last December or last

November. So I won't have to start paying

back, well, I have to pay back a minimum

of £50 every month anyway, but I won't

have to start paying interest on the

credit I own until I think next year

around spring next year. So I have to pay

back £2,700 on my credit card before

next spring, which seems like I have a lot

of time to make Obviously I could make

£2,700 within 8 to 10 months.

But the other problem is I owe my mum

£11,000. And the reason why I owe my mum

£11,000 is because basically I had some

problems with tax. I didn't pay my taxes

properly a couple of years ago and they

found out about it and they came after me.

They charged me 4 years of interest added

onto the tax I was supposed to pay, plus a

whopping £6,300 of tax penalties. So in

total, I had to pay about £20,000 in

tax, interest, and tax penalties. So I

borrowed £13,000 from my mum, and I also

used about £6,000 or £7,000 of my own

money to pay off everything. Now I've paid

off everything, but I owe my mum a

remaining £11,000 because I already paid

her back £2,000. And although I'm

extremely grateful that my mum bailed me

out of this emergency situation, I now

have to pay her back a minimum of £500

every month and also have to pay— make

payments towards my credit card every

month as well. Before the deadline of next

year's spring. So I think I could manage

to make enough money to pay off my mum and

the credit card after nearly a year. The

problem is if I only pay her back £500 a

month, it's going to take nearly 2 years

to pay her back a total of £11,000, and

that is just way too slow. So I thought

I'm just going to give her every single

penny I make every month. So if I make

£1,000 this month, I'll just pay her back

£1,000 to speed up the process. If next

month I make £800, I'll just give her back

like £600 or £700 and then pay £100 off on

the credit card. And you might be

thinking, why don't you just get a job?

Even if you get a minimum wage job, you

could make £1,000 a month or £1,200 a

month or even £1,400 a month. And that

would really speed up the amount you earn

and then you could pay back everyone

faster. If I got a job, I could probably

pay back everything within this year. The

thing is, I don't really want to get a

job. My dream in life is to be a YouTuber

and I haven't had to get a job since 2017.

station doing night shifts, and I quit

that job and I fully committed towards

becoming, becoming a YouTuber. And I

managed to succeed in making that dream

come true up until now. And I don't want

to give up on my 7-year streak of not

having to get a job. And being a YouTuber

is just what I want to do in life, even if

I'm not a very good YouTuber or even if I

don't get many views. At the end of the

day, I think what I want is more

important. If I get a job, I'll have less

time to make videos and I have less time

to do live streaming. And my YouTube

earnings would just probably become a

couple hundred dollars every month, which

would just be pathetic. And I just won't

have the energy or the creativity to be

able to continue making videos. I'd have

to wait until the weekend or my day off.

And then on the weekend or my day off, I

might be too tired to even want to make

videos. I'm also not exactly in a massive

rush or hurry to pay off everything.

Whether it takes a year or 2 years to pay

off everything, it doesn't really matter

to me. I'm not really that fussed how

quickly I pay everything back. So for

example, if I did have to get a job, I

could probably last at the job for maybe 4

to 6 months before I get fired because I

just, I'm really bad at everything I do.

So if I get a job, I wouldn't be able to

do the job well. My coworkers would start

complaining about me. I would get stressed

out. I wouldn't really try harder. I would

probably just quit or just try and stick

to the job as long as I can until they

eventually fire me. So that would probably

be like 4 or 6 months and then I could

make maybe £7,000 if I worked half

a year. So currently right now I'm making

roughly £800 to £1,000 from

my YouTube channels, and I'm planning to

pay my mum maybe 70%, and then the

remaining 30% will go towards my credit

card. I have to pay my credit card about

£200 to £300 every month before next year,

but I reckon if I skip 4 months of paying

my mum, I could pay off the credit card

within 4 months because £800 times 4 is

like £3,000, and then I could pay off the

credit card before next year my

introductory offer ends and I get hit by

that credit card interest, which I think

is I think it is time to admit that I'm

not very good with money. I used to think

I'm pretty good with money. I'm pretty

responsible. I'm good at making money and

saving it. But after everything that's

happened in the last 5 years, I don't

really feel like I can say that with much

confidence anymore. I am down over £20,000

that I shouldn't be down. If you remember,

I've lost about £15,000 on the stock

market trying to invest, trying to do day

trading, trying to invest in crypto and

meme stocks. Didn't really work out very

well. And now I've lost over £6,000 to tax

penalties and thousands of pounds to tax

interest. So in total, I've lost like

£22,000 to things that if I was a bit

smarter and I was a bit more aware about

things, I would have that money in my bank

right now. I keep imagining if I had that

£22,000 just magically returned to me in

my bank account, I could do so many

things. I could actually buy a car, I

could get a Tesla, I could buy a nice

gaming computer, I could buy a new iPad so

I could do illustrated videos again. I

can't do illustrated videos drawings or

make merch anymore because I don't have my

iPad because I had to sell it to get some

extra cash. So I really don't know how

long it's gonna take until I can pay off

my mum. I probably can pay off the credit

card within a few months. It shouldn't

take too long, but that £11,000 I owe my

mum is gonna take forever to make. I don't

know how things are gonna go with the

YouTube channel. Maybe I'm really unlucky

and the views just get worse and worse and

worse, or maybe I'm lucky and I managed to

make a video, gets like a million views,

gets me an extra couple thousand pounds,

and I can pay off this debt. Much faster

than anticipated. I have actually thought

about doing OnlyFans again. I haven't done

OnlyFans since 2022. I stopped doing it

because it's actually illegal to do in

Thailand, so I got a bit scared and I

deleted everything, and I haven't really

done OnlyFans since then. I don't really

want to do it because it's not really

something I want to do. It is a bit

embarrassing, especially when your family

finds out and they see the stuff, because

trolls send pictures to my family and they

open it. It's a bit embarrassing. I don't

really want to cause drama or cause

arguments because obviously my family

don't like the fact that I do naked stuff

on OnlyFans and I don't really want to

have to go back to doing that. But if

things get really desperate, I don't know,

I might actually have to go back to doing

OnlyFans. So if you're interested in

signing up to my OnlyFans, let me know.

So yeah, for now I'm kind of stuck in the

UK because I don't have any money to go

flying around the world and book hotels

and stuff like that. I have to stay here,

stay put, try not to buy rubbish off

Amazon and just try and save as much money

as I can and keep trying with YouTube and

keep putting videos out. And hopefully

something pops off and gets me some big

views and gives me a break. You never know

with YouTube, it's so random. You go for

months or even years without nothing

happening and then you put out this one

video and all of a sudden it gets hundreds

of thousands of views or even a million

views like my Elden Ring video back in

2022. I still have money in the stock

market. I have about £8,000 still

invested. The reason why I haven't sold

all my stocks to give it to my mum is

because I am pretty confident with my

portfolio. I have done a lot of research.

I've been studying a lot about what I'm

invested in, and I feel quite confident

that they're going to do well in the next

few years. So basically, I am bullish on

gold and Tesla and the Chinese stock

market in general. So I have an ETF,

Chinese stock market ETF, mining stock for

gold, and also £1,000 in Tesla. And I

think over the next year, it's definitely

going to do well. So I feel confident in

it enough not to sell everything and just

like give it all to my mum. I mean, I

guess I could sell everything and get an

extra £8,000 and then just give it all to

my mum. And then I only owe her about

£2,800 plus £2,700 on the credit card. In

total, I would still have £5,000 to £6,000

of debt and that should just take me maybe

7 months and then I'd be debt-free, but

then I have nothing in the stock market.

And I don't think it's very wise to not be

in the stock market. You really want to

have your money in the stock market for as

long as possible. And I have studied a lot

about the stock market since I began back

in 2018. 2020, and I think I won't make

the same mistakes as before, and I'm

making responsible investments now.