By being transparent and open, honest and sharing it with the public is the first sign of doing the responsible thing and putting a freeze on your spending. I admire you for this!
we believe in you! the fact that you made and posted this video shows how accountable you’re being and that’s an amazing first step. i’ve been having my own troubles and anxiety about my level of debt and you honestly inspired me to push a little harder now !
To actually be comfortable enough to come on this platform and be transparent as you are being - in an effort to show the cause and effect of what this hobby can do to your finances…it takes a lot of gut. Amazing 👏 thank you so much for doing this for us. We are not here to judge, only to support!
My rule: One credit card only and pay off the balance each month. That accruing interest is a ticking time bomb. Wish you all the luck and glad to see you are starting to take back your life. You are doing the right thing.
This. If you don't have the money in in your account for actually purchasing a WANT (not a need), then you need to wait until needs are paid for and then money is left over for wants. I know FOMO and addiction can really get ahold of collectors, though. Always hate to see that happen. Hopefully, selling off a bunch and regaining control can help!
Awful rule. Debt, by itself, is not inherently problematic. It can serve as a powerful tool for economic growth and personal advancement when managed properly, as seen in examples like China’s development. The real challenge lies in how individuals or entities handle their debt-whether they use it strategically to create opportunities or let it become a burden. Effective debt management is what ultimately determines its impact.
In my experience paying off the balance every month has gotten my cards cancelled because they aren't making any money off of you. You should carry a minimal balance.
You've got this Sue! It took a lot to be this transparent and personal online and that is very admirable. You've got a lot of support behind you in this journey!
Just wanted to throw in that this took a lot of courage to share publically! I hope you still find a lot of joy in your collection by exploring the films you have and all the special features during your buying moratorium. When we're in that buying mode, the piles can grow and easily surpass our free time. Plenty of channels buy new releases, but I think videos about actually living with and actively enjoying your collection would be relatable to a lot of people. Good luck!
It is very brave of you to share with the audiences. Let everyone knows the pitfall of overspending in physical media. I hope you recover from your debt soon with your planning. You have earned a subscriber here.
Sue, no one can say you're not brave! You have put yourself out there for the world to see, and that takes guts. I wish you the best. Just know you're not alone. Overspending has been my hobby for too long, and you inspire me. Keep up the videos and know as long as you make them I will watch. 😊
Sue, no doubt it takes a lot to make a video like this, thanks for being honest. Maybe this video will also help others who are in similar situations. I wish you the best!
Mathematically that is correct. However, paying the smallest to largest balance will let you experience and see progress sooner and that is motivating. Yes paying the highest balance and interest first will save money in the end, but the risk of burning out is higher.
At the end of the day the goal should be paying them off as quickly as a person can and paying the least amount possible will/should be a lot more motivating.
Sue, your honesty is refreshing. I have watched all your "rambling" videos because I was so curious. I need to improve too! You make me want to do better.
Big props! Way more courage than I would have to keep myself financially accountable on a public forum like this. Wish you all the best in your journey!
This happened to me back in 2003 in my middle 20s, 47 now. I dug myself in bad hole but you know we all do it's about learning and you will pull yourself out of it best of luck to you
I appreciate the vulnerability, this wasn’t easy to do I’m sure. Takes a lot of strength to air this out and want to fix it instead of giving up and just accepting it. Rooting for you to get through this!
I love that you’re being real and honest with your subscribers. Love that your not playing a character and your a whole real person. Everyone make dumb mistakes it apart of being a human being.
Sue! How incredible you are to be so transparent about something so many people silently suffer with! My husband and I have been quiet viewers who really enjoy your content. I think your acknowledgment of your situation and taking this step is great! I'm not sure what advice (if any) you're interested in hearing from others who have been there. I was personally in credit card debt; I had a few different cards for makeup and clothing stores. After a few years, I could not keep up with the interest, and the payments were just sky-high every month. I couldn't afford to keep paying on them. Out of options, I talked to a friend of mine who works in taxes, and they told me to see if my bank offered a "credit consolidation loan," which is a loan through your bank for the EXACT total of all your debt with a flat interest rate. You pay off ALL of the cards, and then you just pay the bank back. It truly saved me from letting all that debt go to collections. I paid off my 10k debt in 3 years! Like I mentioned earlier, I'm very proud of you for taking this step! And if you don’t take my advice, I'll still be cheering for your success! XO Tabi from Ohio
As a physical media collector myself (and an Accountant), what works for me is ONE credit card only for physical media. My rule is never go over 20% of what I'm allowed to spend.
Sue, I’ve been there! Amazon card maxed, along with capital one, Citibank, and chase. Happily debt free at the moment! Just trying to say that it can be done. When all is said and done you never want to go back!
Very brave of you to make this video. I have put at least $5,000 onto my credit card this year to cover my collecting habits and you just shocked me back to reality. I am going to cut myself off too! Thank you for providing the motivation and clarity to finally admit to myself that I am going down the wrong path. I have tried to stop several times the past few weeks but I keep getting into that spot where I'm like, "welp, this is just $10 it won't make a difference." Yes, it absolutely will because I will be in this situation again in a few days. I think what will work best for me mentally is to keep thinking about how I have more than enough movies and books to enjoy for at least a year before running out of new material so I just going to stop RIGHT NOW. I wish you the best of luck! Thank you for your honesty :)
Hey Sue! Sorry To Hear This! You Know We’re All Here For Your Support! You’re Doing The Right Thing! Sometimes You Just Have To Take A Step Back And That’s Ok! Everything Will Work Out For You! I Have Faith In You!
You got this Susan! I hope you don't let this stuff get to your heart- you still are a human and deserve to enjoy this life! Please still be having fun! Have you thought about selling parts of your collection?
Thanks for your honesty in showing these figures. As someone who doesn't collect simply because I cannot afford it, I often wondered how some of these TH-cam collectors pay for the monthly DVD and blu-ray hauls. I never imagined they'd be using credits cards. I know some collectors on TH-cam who must spend around $500 plus every month on new movies. Crazy. Good luck with paying off your debt.
No one has the right to judge you. Your to be commended for your openness and honesty. It is very easy to get into the situation you are in and I wish you success in making it better.
I don’t think you’re alone Sue. Since 2020, the average amount of consumer debt that most people carry has gone up… A LOT. Good for you for making a plan to get your finances in a better place.
“There are bigger problems in the world… I can definitely do this.” Your wisdom far exceeds your years, young lady! Yes, you can. Good luck to you, Sue. Have you done a video where you give a tour of your entire physical media collection? I’m sure it is impressive and it is only paused for now. There will always be time to grow it later or you may decide after tackling this financial beast to love your collection as is. Again, good luck!
Whoa Sue that’s quite a debt. Good that you’re addressing it now. I would take a look at your collection there might be some 4K’s or steelbooks you don’t want and can sell them. As for your medical bill. That’s one thing I’m thankful for in the UK, we don’t pay for any medical visits, we love our NHS.
Great video, Sue. 2 things…. 1) Since we have roughly the same circle of friends on here and Instagram, I consider us friends and I don’t believe in saying anything negative to a friend who’s trying to better themselves. And 2) I will not draw the ire of a certain someone by spouting negativity. ( You know I love that person). I applaud your honesty and transparency when discussing your debt. So many people try to blame outside factors when their finances are in arrears, but not you. You seem kind of excited to tackle this and that’s great. I know you’re strong enough to beat this. ❤❤ Go get ‘em, kid!!!
I appreciate the honesty. This is a hard thing to talk about, let alone with strangers! I really suggest you consider consolidating your debt into a loan through TD bank or something like that so you aren’t still getting chewed up by those interest rates. It’s going to make paying off your debt a LOT easier. Once you have that loan setup, disable all of those credit cards or hide them away in a safe. Consolidating your debt into a personal loan will help you pay these off much faster! You got this!
If you thrift for your movies there is no credit card debt. Just advice, I've been collecting for 20 years. Boutique spending will have you broke. I buy maybe 10 boutiques a year and buy hundreds of thrifted movies a year.
I'm estimating you have appr. 220 Criterion titles in your collection. Some of them are boxes, like the Before Trilogy boxset. You can make a net profit selling all these for around 3300 dollars. Those 3300 dollars are about 12,5 percent of your total debt on these three credit cards. Sell everyone of them. You can buy everyone back in the year 2034. Do it, girl!
@@MoviesSueYou don’t buy it back. That’s what got you into this mess in the first place. I understand the hesitation to sell off some of your collection, but you’d be better off if you would part with some of it.
Physical media has definitely driven up some debt in recent years, but it's nothing compared to my last hobby which was restoring historic houses. I'm still paying off debt from a house I haven't lived in for 8 years!
Hey, Sue! I’ve been watching your channel for a while but I never comment. I just wanted to say you are inspiring and I’m so proud of you with your latest content. It’s really beneficial for us all.
I have been in a similar situation about 10 years ago...over 16k in debt which was from a Discover card. What I did was sell off a variety of things and pay it off in chunks, and once it got down to a certain level like 5k I called them up and asked for a settlement amount which was like 30% off but I had to schedule it in two separate payments. You have a long road ahead but it's not impossible. Since then, I've NEVER had another Discover card, they are the WORST. Good luck to you!
I wish you all the luck and focus to get this where you need. Taking the responsibility now is the first step and that's great. My passion is vinyl records so I totally understand the cost portion of collecting physical media. One thing I did starting about 8 years ago was I worked part time (just 10-12 hr/week) at a record store. I never took a paycheck. Only took store credit lol. over the course of 8 years that has been 100s and 100s of records in store credit items...AND...I got to hangout and nerd in a place I would be going to anyway lol. Often the highlight of my week is going into the shop. I don't know your current situation with work as I'm totally new to your channel, but maybe consider doing something like that on top of your regular job... to hang around your fellow collectors AND "fuel the addiction" as I like to call it lol.
I would consider that, but there really isn't any store near me like a Bullmoose. I have Walmart, Goodwill and pawn shops. Not interested in working in stores like that.
My Nan always use to tell me if you can't afford it don't buy it!...at the end of the day you don't want debt collection people knocking on your door....
I’m proud of you for naming it and taking action. I had to do it many years ago and it does pay off. Hang in there and great work on the progress and strong start.
I feel you. I once had $16,000 credit card debt, plus $10,000 for my truck. I have zero debt now. First, cancel all the cards. Then pay the minimum on all but one card. Pay as much as you can on that one card until it's paid off, then move on to the next card.
This was me last year when my spending habits caught up to me and I was struggling to pay off my loans and credit cards, within the last year I've been able to get my debt down from over 10k to under 6k. It definitely does get better :)
Great job & video, Sue! Thank you for being vulnerable with this information and hopefully it helps many. If I may make a suggestion. From a financial standpoint paying off the highest interest credit, second highest credit card, and then the lowest interest card makes the most sense. I can understand where you're coming from and what you're trying to do. At the end of the day, you have to do what's best for yourself and once you're comfortable with. Again, great job and wish you the best of luck!!!
I applaud you for having the wisdom & courage to stop. I'm equally proud of your resolve to pay these bills off. Don't worry about the movies they will be there when you can afford to start collecting again.
A word from the wise…. Cut all your cards up immediately. No cards, no further temptation. Wishing you all the very best. Stay strong. Love and best wishes from the U.K.
I think the ultimate turnaround for this would be you landing a job at Barnes and Noble. But in the meantime, transferring the balance(s) to a card with introductory zero-interest (some up to 21 months) would allow more effective payoff. Hope the next video is putting those cards in the paper shredder.
I’m sorry that you are currently in this situation. I don’t believe you owed it to anyone to reveal this debt, but I admire you in doing so because this might help/be a wake up call for someone else. Physical media collecting is a dangerous game. Especially when many people chase limited edition box sets and boutique labels of films sometimes they have never even seen. Everyone out there give yourself a hard budget of spending money each month and never ever budge. The movies will be out there. Going into debt for instant gratification isn’t the answer to fomo
In my 20s I got my first few credit cards and got myself in a hole like this I tried to do what your doing and just couldn’t with what I was making I just let it go ignored anything I was sent by them after 8 years or so it all disappeared and I got a fresh start with credit, truly wish you good luck
Glad you have put a freeze on your physical media purchases as that is the smart thing to do. Wishing you all the best. Thanks for all this transparency because it will surely help others in this situation or teach other collectors not just movie collectors.
Sue you are definitely not alone! You are an amazing person! Don’t let the haters get you down!!!! It’s take a strong and brave person to be so honest! We all love you! Stay strong! You are taking the first steps and that’s awesome!
Bah, a learning experience many of us have gone through. Absolutely nothing to be ashamed of. In fact, I applaud your honesty in having this discussion in a public forum. This is the kind of conversation we should be having with each other. I've shared my dept story with my nieces, nephews, and my eldest child when he came of age. Credit card company tactics are a bit ruthless. It's not all our faults when this happens. Thanks for sharing and hang in there. You got this!
That amount is just....big. still total respect for being so open about that and it shows that you are willing to make changes to get this resolved ! Like i wrote in my other comments , you can do this and i know you can Susan so keep focussing on a debt free future and you will get there. Full support and don't let a couple of trolls get you down, haters will be haters 😇
I admire your honesty, I have also been bitten by the collecting bug. I don't have credit card debt but I have spent over 25k in the past year and a half on media. I have got to the point where I want to enjoy my media that I own instead of buying new and not watching old. I easily have enough movies to last me the rest of my life. Best of luck Sue.
I am very proud of you and think you are very, very brave to do this. The best of luck to you. ❤ remember this pain and the shame you feel to help prevent you getting into a similar situation in the future. Credit cards hope that these things happen.
You should apply to be on Caleb Hammers show "Financial Audit" I think you guys could have a really interesting conversation both being content creators and he could probably help you out. Keep your head up though Sue you'll get through this! I think your fans myself included would be happy to see more reviews and other movie content that isn't collecting related!
I've seen each of the videos over the last few days Sue and I wanted to say how much I respect you for what you're doing. Each video I've watched I've been so impressed by your honesty and advice. You know we all love ya and will support anything you're going through. To reveal this is really brave and selfless. You can do this. It'll be hard right now but the burden will get less and less as each month goes on. As others have said, I would happily pay for a membership for your content cos you're THAT good. We don't need to see shiny new releases - it's your personality that shines through and you can sit and talk about the weather and we'll watch. And anybody who is negative over this video? Not worth a second of your time. Keep being strong and awesome, and know it's getting better as each day passes ❤
Just wanted to leave a positive comment as I've enjoyed your channel for a few years now. Exactly as you said, once you start to see progress it'll make you that much more motivated to continue. While I am fortunate enough to be in a position not to have debt currently, I do have to rethink my physical media buying habits in the new year so this is motivation for me too. Best of luck and will continue watching.
You got this, Sue 👍 Now is a good time to take stock in what you have. Make some fun small goals with watching all the movies you own. Really "breathe in" the physical display of each steelbook/special edition/collector edition. The stock cards, the inserts, or mini books that might have came with. Focus on earning an paying off what you can in the meantime. And enjoy life of course. Stay positive. We believe in you
Thank you for being as open and honest as you are Sue, I’ll definitely be taking a few things away from this video. I appreciate you! AND YOU GOT THIS! 🙌🙏
I admire the route you've taken to tackle your debt. I had a credit card with a $26K balance. Took three years to get it off my back. I understand your circumstance.
All I can say to you is that you are not alone with this issue. Many people whether they want to admit it or not have the same issue. The great news is you are have addressed this and set personal goals to take care of it. You are to be commended! I’ll be rooting for you thru your journey.
Hey Sue, no negative Nancy here! I know you will get all your debt paid off ASAP. I’m working on paying off Credit Card debt myself (not due to physical media, just life stuff) and I know it’s a daunting and scary thing to not worry about. You got this!
Wishing you the best of luck its good you are prioritising and you will feel so much better at the end of it. Good luck with it all. Physical media will still be here for you when youve finished 🙂
I Love Your Honesty Sue, I'm A Compulsive Buyer , i did a Video On It , yes not easy Being a Collector , I was Not Able To Pay My Rent quite a few times , u are not alone we got yah :)
Hey Sue, some nice honesty here. I think it’s something that a lot of us collectors secretly suffer I know I have in the past. Have you reached out to your credit card companies. A move that could help is to get in touch with them, explain you’re suffering financial difficulties (lay it on a little thick if you have to) and ask them if they would be able to freeze payments and interest on your accounts. Some credit lenders are happy to do this rather than see the debt go bad a default. If you’re able to put a freeze on one or more of your accounts then this would help pay off one of the others a little quicker. I have worked in finance a number of years and doing this sort of thing is pretty standard for a lot of lenders. Also, my channel focuses on some of the darker habits with collecting. If you wanna chat about it sometime just reach out ✌🏼
So happy / proud of you for taking a big step in handling your finances. It’s true you can definitely get that debt down and you will feel so much more free once you do. As,I’m sure all of us do who watch your videos, I collect physical media and have definitely overspent before and had to rain in my spending. It happens to all of us at some point and I’m happy you’re taking the first step to handling it! Can’t wait for the update videos! YOU GOT THIS SUE!
Do you think you will be going through your collection having a bit of a "do I really need that?" Clearout to make a few bucks to use to pay off your debt?
The best trick is to only use a credit card for things you can afford with the sole purpose of the card being to continue to build credit and receive any benefits. Pay it off by the end of each month to ensure you do not pay any fees.
We ❤ you Sue. You are helping others & you are extremely brave and authentic to speak the truth. We all learn & need reminders of how to deal with debt. Some of us buy to collect, or comfort ourselves from unhappiness, etc - whatever the case is. I commend you for being honest. Hugs from Julia & I ❤ You got this 💪🏻
I know in the past I'd obsess about collecting something as a sort of way to focus on something other than my anxiety. It's a dopamine hit to land something you wanted. Fine in moderation, but it's not a good obsession because of the financial strain. I've collected all sorts of stuff, had a Funco POP phase, a sports card phase, Vinyl records, Physical movies, comics when I was younger. I've always collected something, now I'm a little more restrained, have some coping mechanisms for dealing with anxiety and such (gym helps, I occasionally get out to a local place play a little pinball for an hour and it kind of re centers me) Collecting though, for some odd reason it creates a focal point, something enjoyable to think about, and like any habit, you kind of need some healthy things to replace it.
By being transparent and open, honest and sharing it with the public is the first sign of doing the responsible thing and putting a freeze on your spending. I admire you for this!
Love the transparency and realness of the content lately Sue. Look forward to the journey and seeing you kick your debt right in the ass! Let’s go!
Thanks for the support Ken!
@@midlevelmedia she will Ken , thanks for the continuing support
Appreciate the vulnerability. I believe in you. First part of fixing a problem is recognize it’s a problem.
we believe in you! the fact that you made and posted this video shows how accountable you’re being and that’s an amazing first step. i’ve been having my own troubles and anxiety about my level of debt and you honestly inspired me to push a little harder now !
That's wonderful! I wish you all the luck!
To actually be comfortable enough to come on this platform and be transparent as you are being - in an effort to show the cause and effect of what this hobby can do to your finances…it takes a lot of gut. Amazing 👏 thank you so much for doing this for us. We are not here to judge, only to support!
I appreciate that!
My rule: One credit card only and pay off the balance each month. That accruing interest is a ticking time bomb. Wish you all the luck and glad to see you are starting to take back your life. You are doing the right thing.
This. If you don't have the money in in your account for actually purchasing a WANT (not a need), then you need to wait until needs are paid for and then money is left over for wants. I know FOMO and addiction can really get ahold of collectors, though. Always hate to see that happen. Hopefully, selling off a bunch and regaining control can help!
Exactly. I pay off the balances each time. Just use them for the points to one day hopefully use.
I agree 100%, that's always been my philosophy.
Awful rule. Debt, by itself, is not inherently problematic. It can serve as a powerful tool for economic growth and personal advancement when managed properly, as seen in examples like China’s development. The real challenge lies in how individuals or entities handle their debt-whether they use it strategically to create opportunities or let it become a burden. Effective debt management is what ultimately determines its impact.
In my experience paying off the balance every month has gotten my cards cancelled because they aren't making any money off of you. You should carry a minimal balance.
You've got this Sue! It took a lot to be this transparent and personal online and that is very admirable. You've got a lot of support behind you in this journey!
Just wanted to throw in that this took a lot of courage to share publically! I hope you still find a lot of joy in your collection by exploring the films you have and all the special features during your buying moratorium. When we're in that buying mode, the piles can grow and easily surpass our free time. Plenty of channels buy new releases, but I think videos about actually living with and actively enjoying your collection would be relatable to a lot of people. Good luck!
It is very brave of you to share with the audiences. Let everyone knows the pitfall of overspending in physical media. I hope you recover from your debt soon with your planning. You have earned a subscriber here.
Thanks, I appreciate it!
Sue, no one can say you're not brave! You have put yourself out there for the world to see, and that takes guts. I wish you the best. Just know you're not alone. Overspending has been my hobby for too long, and you inspire me. Keep up the videos and know as long as you make them I will watch. 😊
Sue, no doubt it takes a lot to make a video like this, thanks for being honest. Maybe this video will also help others who are in similar situations. I wish you the best!
Thanks for the support!
Whatever the credit card has the highest interest rate, that is the one you should pay off first.
This!
Mathematically that is correct. However, paying the smallest to largest balance will let you experience and see progress sooner and that is motivating. Yes paying the highest balance and interest first will save money in the end, but the risk of burning out is higher.
At the end of the day the goal should be paying them off as quickly as a person can and paying the least amount possible will/should be a lot more motivating.
yep
Honestly if there are some you haven't paid in a while you might want to just try negotiating a settlement just to get them out of the way.
Best of luck!
Thanks so much!
Sue, your honesty is refreshing. I have watched all your "rambling" videos because I was so curious. I need to improve too! You make me want to do better.
Big props! Way more courage than I would have to keep myself financially accountable on a public forum like this. Wish you all the best in your journey!
We ❤love you, Sue. You have to do what's right for you.
This happened to me back in 2003 in my middle 20s, 47 now. I dug myself in bad hole but you know we all do it's about learning and you will pull yourself out of it best of luck to you
It takes a very strong person to be able to share this publically. Love the transparentcy and honesty. Wishing you the best!!
Thank you so much!
I appreciate the vulnerability, this wasn’t easy to do I’m sure. Takes a lot of strength to air this out and want to fix it instead of giving up and just accepting it. Rooting for you to get through this!
I love that you’re being real and honest with your subscribers. Love that your not playing a character and your a whole real person. Everyone make dumb mistakes it apart of being a human being.
Thank you for the heart.❤️
Sue!
How incredible you are to be so transparent about something so many people silently suffer with! My husband and I have been quiet viewers who really enjoy your content.
I think your acknowledgment of your situation and taking this step is great! I'm not sure what advice (if any) you're interested in hearing from others who have been there.
I was personally in credit card debt; I had a few different cards for makeup and clothing stores. After a few years, I could not keep up with the interest, and the payments were just sky-high every month. I couldn't afford to keep paying on them. Out of options, I talked to a friend of mine who works in taxes, and they told me to see if my bank offered a "credit consolidation loan," which is a loan through your bank for the EXACT total of all your debt with a flat interest rate. You pay off ALL of the cards, and then you just pay the bank back. It truly saved me from letting all that debt go to collections. I paid off my 10k debt in 3 years!
Like I mentioned earlier, I'm very proud of you for taking this step! And if you don’t take my advice, I'll still be cheering for your success!
XO
Tabi from Ohio
PS please drop your skincare routine because your skin is FLAWLESS
I appreciate the advice, thanks!
Lol thank you! Honestly, I don't really have one...I don't wear makeup, drink coffee or smoke cigarettes. I feel like that really helps!
You’re doing the right thing. Keep doing what you’re doing!! 🎉
Thanks Huck!
Yay! You're doing debt stacking! Once you pay off the fire credit card you're going to make progress so fast. I admire your commitment, Sue!
I respect and admire you so much for being so honest and transparent about this. You're going to get through this you can do it. I believe in you
As a physical media collector myself (and an Accountant), what works for me is ONE credit card only for physical media. My rule is never go over 20% of what I'm allowed to spend.
Sue, I’ve been there! Amazon card maxed, along with capital one, Citibank, and chase. Happily debt free at the moment! Just trying to say that it can be done. When all is said and done you never want to go back!
Very brave of you to make this video. I have put at least $5,000 onto my credit card this year to cover my collecting habits and you just shocked me back to reality. I am going to cut myself off too! Thank you for providing the motivation and clarity to finally admit to myself that I am going down the wrong path. I have tried to stop several times the past few weeks but I keep getting into that spot where I'm like, "welp, this is just $10 it won't make a difference." Yes, it absolutely will because I will be in this situation again in a few days. I think what will work best for me mentally is to keep thinking about how I have more than enough movies and books to enjoy for at least a year before running out of new material so I just going to stop RIGHT NOW. I wish you the best of luck! Thank you for your honesty :)
There is nothing wrong with acknowledging the problem and taking steps to fix it.
Best of luck on your journey to being debt free.
Hey Sue! Sorry To Hear This! You Know We’re All Here For Your Support! You’re Doing The Right Thing! Sometimes You Just Have To Take A Step Back And That’s Ok! Everything Will Work Out For You! I Have Faith In You!
Thanks Alex!
You got this Susan! I hope you don't let this stuff get to your heart- you still are a human and deserve to enjoy this life! Please still be having fun! Have you thought about selling parts of your collection?
I'm not selling my collection.
Thanks for your honesty in showing these figures. As someone who doesn't collect simply because I cannot afford it, I often wondered how some of these TH-cam collectors pay for the monthly DVD and blu-ray hauls. I never imagined they'd be using credits cards. I know some collectors on TH-cam who must spend around $500 plus every month on new movies. Crazy. Good luck with paying off your debt.
hi Sue, don't let the haters get you down..All the best
No one has the right to judge you. Your to be commended for your openness and honesty. It is very easy to get into the situation you are in and I wish you success in making it better.
I don’t think you’re alone Sue. Since 2020, the average amount of consumer debt that most people carry has gone up… A LOT.
Good for you for making a plan to get your finances in a better place.
“There are bigger problems in the world… I can definitely do this.” Your wisdom far exceeds your years, young lady! Yes, you can. Good luck to you, Sue. Have you done a video where you give a tour of your entire physical media collection? I’m sure it is impressive and it is only paused for now. There will always be time to grow it later or you may decide after tackling this financial beast to love your collection as is. Again, good luck!
Yes, there are many videos like that on my channel!
The fact you realise that you have an issue and are doing something about it I'd the first step good luck and hope you get this sorted
Whoa Sue that’s quite a debt. Good that you’re addressing it now. I would take a look at your collection there might be some 4K’s or steelbooks you don’t want and can sell them. As for your medical bill. That’s one thing I’m thankful for in the UK, we don’t pay for any medical visits, we love our NHS.
I'm not selling my collection.
@@MoviesSue Grow up.
Great video, Sue. 2 things…. 1) Since we have roughly the same circle of friends on here and Instagram, I consider us friends and I don’t believe in saying anything negative to a friend who’s trying to better themselves. And 2) I will not draw the ire of a certain someone by spouting negativity. ( You know I love that person). I applaud your honesty and transparency when discussing your debt. So many people try to blame outside factors when their finances are in arrears, but not you. You seem kind of excited to tackle this and that’s great. I know you’re strong enough to beat this. ❤❤ Go get ‘em, kid!!!
Appreciate the support Johnny!
I appreciate the honesty. This is a hard thing to talk about, let alone with strangers! I really suggest you consider consolidating your debt into a loan through TD bank or something like that so you aren’t still getting chewed up by those interest rates. It’s going to make paying off your debt a LOT easier. Once you have that loan setup, disable all of those credit cards or hide them away in a safe. Consolidating your debt into a personal loan will help you pay these off much faster! You got this!
You've got this!! Stay positive!! When it gets challenging, remember progress not perfection!!
Thank you, I will!
If you thrift for your movies there is no credit card debt. Just advice, I've been collecting for 20 years. Boutique spending will have you broke. I buy maybe 10 boutiques a year and buy hundreds of thrifted movies a year.
I'm estimating you have appr. 220 Criterion titles in your collection. Some of them are boxes, like the Before Trilogy boxset. You can make a net profit selling all these for around 3300 dollars. Those 3300 dollars are about 12,5 percent of your total debt on these three credit cards. Sell everyone of them. You can buy everyone back in the year 2034. Do it, girl!
I think its ridiculous to sell everything just to buy it back? I'm not selling my collection.
@@MoviesSueYou don’t buy it back. That’s what got you into this mess in the first place. I understand the hesitation to sell off some of your collection, but you’d be better off if you would part with some of it.
You got this Sue 😊 I think everyone has a debt in there life that they gotta tackle . ❤️ gonna be there every step of the way
Physical media has definitely driven up some debt in recent years, but it's nothing compared to my last hobby which was restoring historic houses. I'm still paying off debt from a house I haven't lived in for 8 years!
I'm sorry you're continuing to deal with that. Debt is so draining and stressful.
@MoviesSue yes, but I tell everyone I'm just living the American Dream, which is dreaming you're out of debt so you can create more debt. Ha!
So proud of you!! You've got this!!!
Thank you for sharing I’m tackling mine the same way. I love your optimism.
You got this!
Hey, Sue!
I’ve been watching your channel for a while but I never comment.
I just wanted to say you are inspiring and I’m so proud of you with your latest content. It’s really beneficial for us all.
Thank you so much!!
I have been in a similar situation about 10 years ago...over 16k in debt which was from a Discover card. What I did was sell off a variety of things and pay it off in chunks, and once it got down to a certain level like 5k I called them up and asked for a settlement amount which was like 30% off but I had to schedule it in two separate payments. You have a long road ahead but it's not impossible. Since then, I've NEVER had another Discover card, they are the WORST. Good luck to you!
Thanks!
I wish you all the luck and focus to get this where you need. Taking the responsibility now is the first step and that's great.
My passion is vinyl records so I totally understand the cost portion of collecting physical media. One thing I did starting about 8 years ago was I worked part time (just 10-12 hr/week) at a record store. I never took a paycheck. Only took store credit lol. over the course of 8 years that has been 100s and 100s of records in store credit items...AND...I got to hangout and nerd in a place I would be going to anyway lol. Often the highlight of my week is going into the shop. I don't know your current situation with work as I'm totally new to your channel, but maybe consider doing something like that on top of your regular job... to hang around your fellow collectors AND "fuel the addiction" as I like to call it lol.
I would consider that, but there really isn't any store near me like a Bullmoose. I have Walmart, Goodwill and pawn shops. Not interested in working in stores like that.
My Nan always use to tell me if you can't afford it don't buy it!...at the end of the day you don't want debt collection people knocking on your door....
Got plenty of debt my own so this was a nice vid to relate to. Good on you, Sue!
Yes! Paying off smallest and using that towards next highest is a great plan! Can’t wait for that video where it’s all paid off!!
I’m proud of you for naming it and taking action. I had to do it many years ago and it does pay off. Hang in there and great work on the progress and strong start.
I feel you. I once had $16,000 credit card debt, plus $10,000 for my truck.
I have zero debt now.
First, cancel all the cards. Then pay the minimum on all but one card. Pay as much as you can on that one card until it's paid off, then move on to the next card.
I'll pray for you Susan. I'm glad you put a stop to it.
I'm definitely interested in seeing the monthly updates. Awesome video!
Awesome! Thank you!
This was me last year when my spending habits caught up to me and I was struggling to pay off my loans and credit cards, within the last year I've been able to get my debt down from over 10k to under 6k. It definitely does get better :)
Very smart girl. Stay strong you can do it.
Great job & video, Sue! Thank you for being vulnerable with this information and hopefully it helps many. If I may make a suggestion. From a financial standpoint paying off the highest interest credit, second highest credit card, and then the lowest interest card makes the most sense. I can understand where you're coming from and what you're trying to do. At the end of the day, you have to do what's best for yourself and once you're comfortable with. Again, great job and wish you the best of luck!!!
Thank you!
Keep it coming Sue. Interesting to hear about. I have medical debt right now that i need to pay off in increments.
You're great sue, you are doing the right thing for yourself and remember this isnt forever.
I applaud you for having the wisdom & courage to stop. I'm equally proud of your resolve to pay these bills off. Don't worry about the movies they will be there when you can afford to start collecting again.
No offense sue but I think is the best video in your channel . Appreciate the honesty!!
That means so much, thank you!
A word from the wise…. Cut all your cards up immediately. No cards, no further temptation. Wishing you all the very best. Stay strong. Love and best wishes from the U.K.
I think the ultimate turnaround for this would be you landing a job at Barnes and Noble. But in the meantime, transferring the balance(s) to a card with introductory zero-interest (some up to 21 months) would allow more effective payoff. Hope the next video is putting those cards in the paper shredder.
Random - your camera quality is amazing ❤
Thanks, I actually just use my phone!
@ 😳 I’m blown away
I almost fell into debt but i stopped myself and started to budget. I curate as i collect, it pays off in the long run! You got this!!!
I’m sorry that you are currently in this situation. I don’t believe you owed it to anyone to reveal this debt, but I admire you in doing so because this might help/be a wake up call for someone else. Physical media collecting is a dangerous game. Especially when many people chase limited edition box sets and boutique labels of films sometimes they have never even seen. Everyone out there give yourself a hard budget of spending money each month and never ever budge. The movies will be out there. Going into debt for instant gratification isn’t the answer to fomo
I appreciate it, but no need to feel sorry for me. This is my fault and I'm going to fix it!
In my 20s I got my first few credit cards and got myself in a hole like this I tried to do what your doing and just couldn’t with what I was making I just let it go ignored anything I was sent by them after 8 years or so it all disappeared and I got a fresh start with credit, truly wish you good luck
Glad you have put a freeze on your physical media purchases as that is the smart thing to do. Wishing you all the best. Thanks for all this transparency because it will surely help others in this situation or teach other collectors not just movie collectors.
Thank you!
Sue you are definitely not alone! You are an amazing person! Don’t let the haters get you down!!!! It’s take a strong and brave person to be so honest! We all love you! Stay strong! You are taking the first steps and that’s awesome!
Thank you so much!!
We all have our demons . Have a great Friday and weekend everyone, from Tampa Florida. #moviesandSue Closing my eyes while you expose yourself 😂😂
This can certainly happen to the best of us. Thank you for sharing your story with us. It helps others in the same situation know their not alone.
Good Luck with your journey Sue still we all love movies 🤞🏻❤️😊
May the force be with you
Bah, a learning experience many of us have gone through. Absolutely nothing to be ashamed of. In fact, I applaud your honesty in having this discussion in a public forum. This is the kind of conversation we should be having with each other. I've shared my dept story with my nieces, nephews, and my eldest child when he came of age. Credit card company tactics are a bit ruthless. It's not all our faults when this happens. Thanks for sharing and hang in there. You got this!
That amount is just....big.
still total respect for being so open about that and it shows that you are willing to make changes to get this resolved ! Like i wrote in my other comments , you can do this and i know you can Susan so keep focussing on a debt free future and you will get there. Full support and don't let a couple of trolls get you down, haters will be haters 😇
I admire your honesty, I have also been bitten by the collecting bug. I don't have credit card debt but I have spent over 25k in the past year and a half on media. I have got to the point where I want to enjoy my media that I own instead of buying new and not watching old. I easily have enough movies to last me the rest of my life. Best of luck Sue.
I am very proud of you and think you are very, very brave to do this.
The best of luck to you. ❤ remember this pain and the shame you feel to help prevent you getting into a similar situation in the future. Credit cards hope that these things happen.
You sound so determined! I'm with ya!
I’m rooting for you and wishing you the best!
You should apply to be on Caleb Hammers show "Financial Audit" I think you guys could have a really interesting conversation both being content creators and he could probably help you out. Keep your head up though Sue you'll get through this! I think your fans myself included would be happy to see more reviews and other movie content that isn't collecting related!
Yes! PKEASE consider applying! He gives a stipend for travel, stay, etc reimbursement.
I've seen each of the videos over the last few days Sue and I wanted to say how much I respect you for what you're doing. Each video I've watched I've been so impressed by your honesty and advice. You know we all love ya and will support anything you're going through. To reveal this is really brave and selfless. You can do this. It'll be hard right now but the burden will get less and less as each month goes on. As others have said, I would happily pay for a membership for your content cos you're THAT good. We don't need to see shiny new releases - it's your personality that shines through and you can sit and talk about the weather and we'll watch. And anybody who is negative over this video? Not worth a second of your time. Keep being strong and awesome, and know it's getting better as each day passes ❤
I really appreciate that, thank you!
Just wanted to leave a positive comment as I've enjoyed your channel for a few years now. Exactly as you said, once you start to see progress it'll make you that much more motivated to continue. While I am fortunate enough to be in a position not to have debt currently, I do have to rethink my physical media buying habits in the new year so this is motivation for me too. Best of luck and will continue watching.
Thank you for being so brave and honest. TH-cam would be a better place if more were as honest and open as you
You got this, Sue 👍
Now is a good time to take stock in what you have. Make some fun small goals with watching all the movies you own. Really "breathe in" the physical display of each steelbook/special edition/collector edition. The stock cards, the inserts, or mini books that might have came with.
Focus on earning an paying off what you can in the meantime.
And enjoy life of course. Stay positive.
We believe in you
Thank you for being as open and honest as you are Sue, I’ll definitely be taking a few things away from this video. I appreciate you! AND YOU GOT THIS! 🙌🙏
Loved that there was an ad for a credit card on this video lol
Was there? Lol
It's a predatory business.
I admire the route you've taken to tackle your debt. I had a credit card with a $26K balance. Took three years to get it off my back. I understand your circumstance.
All I can say to you is that you are not alone with this issue. Many people whether they want to admit it or not have the same issue. The great news is you are have addressed this and set personal goals to take care of it. You are to be commended! I’ll be rooting for you thru your journey.
Hey Sue, no negative Nancy here! I know you will get all your debt paid off ASAP. I’m working on paying off Credit Card debt myself (not due to physical media, just life stuff) and I know it’s a daunting and scary thing to not worry about. You got this!
Wishing you the best of luck its good you are prioritising and you will feel so much better at the end of it. Good luck with it all. Physical media will still be here for you when youve finished 🙂
I Love Your Honesty Sue, I'm A Compulsive Buyer , i did a Video On It , yes not easy Being a Collector , I was Not Able To Pay My Rent quite a few times , u are not alone we got yah :)
Hey Sue, some nice honesty here. I think it’s something that a lot of us collectors secretly suffer I know I have in the past.
Have you reached out to your credit card companies. A move that could help is to get in touch with them, explain you’re suffering financial difficulties (lay it on a little thick if you have to) and ask them if they would be able to freeze payments and interest on your accounts. Some credit lenders are happy to do this rather than see the debt go bad a default. If you’re able to put a freeze on one or more of your accounts then this would help pay off one of the others a little quicker. I have worked in finance a number of years and doing this sort of thing is pretty standard for a lot of lenders.
Also, my channel focuses on some of the darker habits with collecting. If you wanna chat about it sometime just reach out ✌🏼
Thanks for letting me know! I appreciate it!
So happy / proud of you for taking a big step in handling your finances. It’s true you can definitely get that debt down and you will feel so much more free once you do.
As,I’m sure all of us do who watch your videos, I collect physical media and have definitely overspent before and had to rain in my spending.
It happens to all of us at some point and I’m happy you’re taking the first step to handling it!
Can’t wait for the update videos!
YOU GOT THIS SUE!
Thanks for the support!
Do you think you will be going through your collection having a bit of a "do I really need that?" Clearout to make a few bucks to use to pay off your debt?
When I do that, I trade my movies in.
You will win! Thanks for sharing with us. You are definitely teaching others!
Thanks!
The best trick is to only use a credit card for things you can afford with the sole purpose of the card being to continue to build credit and receive any benefits. Pay it off by the end of each month to ensure you do not pay any fees.
I do appreciate this video as it may be able to help others out there.
We ❤ you Sue. You are helping others & you are extremely brave and authentic to speak the truth. We all learn & need reminders of how to deal with debt. Some of us buy to collect, or comfort ourselves from unhappiness, etc - whatever the case is. I commend you for being honest. Hugs from Julia & I ❤ You got this 💪🏻
Thanks for the love!
I know in the past I'd obsess about collecting something as a sort of way to focus on something other than my anxiety. It's a dopamine hit to land something you wanted. Fine in moderation, but it's not a good obsession because of the financial strain. I've collected all sorts of stuff, had a Funco POP phase, a sports card phase, Vinyl records, Physical movies, comics when I was younger. I've always collected something, now I'm a little more restrained, have some coping mechanisms for dealing with anxiety and such (gym helps, I occasionally get out to a local place play a little pinball for an hour and it kind of re centers me) Collecting though, for some odd reason it creates a focal point, something enjoyable to think about, and like any habit, you kind of need some healthy things to replace it.