Episode #19 – Dear Debt – Mental Health and Money with Melanie Lockert
Bio: Melanie Lockert started Dear Debt in 2013 as an accountability project for her debt payoff process. It grew into a community of dreamers, hustlers, debt fighters, minimalists, and frugal lovin’ adventurers to share thoughts, company, and Dear Debt Letters. She is an inspiration to many facing depression and other obstacles in dealing with debt and putting it in its place.
Show Description: We all know depression and mental illness are very hard to deal with and can create limitations in how we feel, think, and act. Today Melanie and I talk about some of the actions to take, and ways to think and encourage ourselves in dealing with depression and still making progress financially.
- 1:27 – Emotions and Role Models
- 3:12 – Fighting depression while still making progress financially
- 5:00 – Dear Debt Letters – What are they?
- 7:38 – Power of Writing Things Down
- 9:45 – Mental Buckets
- 10:50 – Mentors and Coaches and Therapists: Outside Help Is For EVERYONE
- 15:31 – Melanie’s story, hard months and easy months and honesty
- 18:00 – Debt Fatigue: Define yourself
- 21:34 – Vulnerability is strength
- 23:30 – Melanie’s Maxim, Blog, and Book
“A Closed Mouth Does Not Get Fed” – Melanie Lockert
“You are not your debt” – Melanie Lockert
“The Faintest Ink Is More Powerful Than The Strongest Mind” – Jacob (Ancient Chinese Proverb)
“It’s important to tell the people that you love what you’re going through” – Melanie Lockert
Forgive yourself, and recognize that you are not your debt.
Write your Dear Debt Letter! Read some on Melanie’s Blog, get the emotions out!
Organize some of your emotions into Mental Buckets.
Get your therapist! College grad program, mentor, mastermind, psychologist, roommate. Have people you regularly discuss and get help from.
Pattern: Recognize issue, make a plan, get a partner, get a community, constant honesty.
Carl Richards Behavior Gap
Contacts and Links from the Show