‘I got £76,000 in debt setting up a scheme to help media interns’
over 5 years in The guardian
Olivia Crellin gave up full-time work at BBC World to set up a social enterprise
Name: Olivia CrellinAge: 30Occupation: BBC journalist, LondonIncome: £45,000
I will start the new year £76,000 in debt. I owe more than £37,000 on four different credit cards, have taken out a £37,000 loan and maxed out my £2,000 overdraft. For a long time I’ve been in denial about my financial circumstances, but recently I signed a debt management plan to try to sort it out. It is a scary situation to be in and signing the plan was terrifying, but I hope it will only be temporary. Continue reading...
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