Florrie, 30, New York.
As told to Alex Holder.
Instagram was my enabler, which is ironic as I’m a social media marketing manager - I really should have known better. I bought into every interiors trend going, from a pale pink velveteen sofa to those fiddle leaf plants that were on everyone’s grid a couple of years ago. I even bought that bathmat that all the influencers had, the one with a line drawing of breasts on it.
I felt very insecure and embarrassed that my husband and I were still renting. It didn’t look like we would ever be able to afford a home of our own, so I guess I thought, ‘well what’s the point in even trying.’ The shame I had around being a renter played out in the items I bought for our apartment – from candle sticks to glass domes that housed succulents - I wanted to prove, to myself and other people, that we were as worthy of a nice place to live as they were – yet all of it I was buying on credit.
There were other things too, an unexpected pregnancy meaning I had to take unpaid leave. We might have lost my salary, but our spending didn’t change, I was still trying to keep up with the Joneses, except the Joneses didn’t live next door, they lived in these perfect dream homes on Instagram.
Our credit cards – we had four in total – were each linked up to my Paypal, meaning I would spend as I breastfed at 4 in the morning. It was so easy, so effortless to just ‘buy now’ that packages would arrive and I’d have already forgotten what I’d ordered.
Things came to a head after a very difficult conversation with the bank. I hadn’t met the minimum payment on one of the cards. They were asking when I could make it, and I had to say, ‘I don’t know. My husband was just paid last week and there is no money left.’ I realised in that moment: enough is enough. I knew I needed to sit down and add up all my debt, something I had never done before. I felt like the protagonist of a 1990s debt consolidation advert, sitting head in hands at my kitchen table.
Including our overdrafts, a store card and 4 credit cards, the debt totalled over $35,000. I’ve found help in the most surprising of places – the debt free community on Instagram. It has almost felt poetic to use Instagram as a way out considering the influence it had over my spending. So far we’re 50% of the way through paying off the cards. I’ve frozen the interest where I can and formalised a repayment plan with each lender. I’ve honestly felt that clearing my debt has made me more of a grown up than becoming a mother did.