Depressed about being poor?

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I am only using grants and work study as far as financial aid goes. I did get a loan last year, and my parents are paying for the rest. If all goes well, I will only have $5,500 to pay off after graduation.

Then the loan is in your parent's name entirely, (unless you co-signed?). In which case it does nothing for your credit score.

Oh, I misread. Great that it's in your name! If things get tight, and you're having trouble making payments, be sure to make use of deferments and forebearances, rather than be late. Of course, you're still in school, so you won't have to worry about that until you're out.

I count myself as rich in love, not in money, as far as being a mother goes.. I always had to scout for the least expensive things, buying only what we could afford for the week, and we forever lived paycheck to paycheck, I would not know what to do should I ever get rich. I remember my dearest friend at the time, who I had been friends with since age 10, called me cheap for buying second-hand clothes for our little girls years ago. She used her credit cards to purchase mall brand clothes for her children that would be outgrown within months, but she always felt she had to make them look good. Well, our girls looked very pretty in whatever I bought them, even if they were second hand.. She ended up bankrupt, never owning a home, being divorced, and living with her mother and 3 children all together. We live in the same home we've had for 23 years, our credit score is excellent, our credit card balance is less than 600.00, we do not use it except for dire emergencies...Being frugal, being tight will get you through the hard times, it is not always fun, but it is important to live the simple ways as well..makes me appreciate what we do have..Please hold your head up high, be proud of who you are, dear.I am proud of you!Peace, Krista~~~~ What I am trying to say is to not try to be like the Jones', do not feel you have to buy things to be approved of by others or to meet their level..I know plenty of high-end home owners who sit down to an empty , cold house with a frozen dinner on their tv tray...It is not always rosy , alot of it is a sheer facade to look impressive to others..The girls who had all the clothes were spoiled by their parents, shame on them! They probably became gold-diggers, and used men to give them things..quite shallow, but quite true.

You are not your job.
You are not how much money you have in the bank.
You are not the car you drive.
You are not the contents of your wallet.
You're not your f*****g khakis.
You are the all-singing, all-dancing c**p of the world.

I can definitely relate since I can't afford anymore school. Earning a income for minimum wage is hard to live on.

MissIntelligent - Just a note, and I know that peer pressure is different in school, BUT - it might interest you to know that my friends and I all love Goodwill shopping (we're talking PhDs, etc.). If we need something really fancy, ($40?) then it's eBay. Great Armani, etc., the real thing, but used .

Not to be a complete downer, but over 1 billion people on the planet live on less than US$1.08 per day, and approximate half of the people on this planet live on less than US$2.16 per day.

(Granted, the majority of these people are subsistence farmers, but even so, it's not an enviable position to be in.)

"Poor" is extremely relative, and it's easy to lose perspective. Therein lies the road to madness.

Personally, I believe that by being less tied to materialism, you emerge as more of a genuine person.

There are Americans who live on a few bucks a day or less. They're called "homeless."

If only I had credit cards and crap.

Yeah, it sucks. I grew up poor, and am poor now. I have no income. I still own my house, but it needs a roof which I cannot afford. Almost all of my utilities have been shut-off. Luckily, I sold my atv today. Now I can get caught up, and have some money to live on for awhile. I think I am going to apply for disability. I just hope I can survive, financially, until I get approved. Hmm......