Debt pronWatching TV the other day we caught one of these "Bank of Mummy or the Wife" type shows and we thought, "This is Debt Pron." I.e. peoples financial problems exploited for the voyeuristic pleasure of others. Then we thought, "We bet lots of people on B3ta have massive financial problems. Let's exploit them." So, confess them all. Dodgy credit cards, lending money to some bloke in the pub, visits from the bailiffs, using one card to pay off another. We want to wallow in your fiscal pain. So, what is your biggest money fuck up?
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rob, Thu 23 Nov 2006, 19:50)
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Fear of the tax manOnly fair that I chip in with my story.
I didn't pay tax for four years. My financial affairs were chaos. I got to the point that I was having proper panic attacks (out of body experiences, cold sweats etc), all because I refused to deal with it.
Basically, being freelance and doing weird web projects I had all sorts of odd bits of money coming in and no way of working out how much of it was mine, and how much the Government wanted.
Eventually my wife found a nice accountant. Best thing I've ever done. Turned out that I had saved more than enough cash to keep the tax man happy with a nice healthy profit to boot.
The panic attacks have stopped and I can now afford to actually spend a little of the money I've earnt.
My tip to the self-employed. Get an accountant. Get one now, and stop worrying.
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rob, Thu 23 Nov 2006, 20:33,
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