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Down at Heel: The Signs You May Be Struggling Financially
Are you currently feeling down at heel?
High heels first originated in Persia specifically designed for the male warriors to help them stay on their horses when in battle. In 1599, the Persians went across to Europe to gather countries and fighters to their cause against the Ottoman Empire. The European aristocracy were impressed with the fashion of the Persians, especially their shoes.
The rich and the royal families of Europe quickly adopted the high heeled shoe for themselves as a sign of wealth and power. Louis XIV of France was a particular fan of the high heeled shoe and commissioned elaborate designs and red heels for his own shoes to parade his wealth and regal air.
Until the late 18th century, heels were seen as a rich, opulent expense for the wealthy upper classes until falling out of favour with men and then women. Centuries later and though times have changed, there are still many perceptions surrounding heels and wealth.
A major recognition comes from the phrase ‘down at heel’ referring to financial difficulty and the inability to spend money on luxuries, such as high heeled shoes.
So with that in mind, could you be feeling down at heel? If there has been a fall in your income or reduced cash available to you or your household, it could point to a difficult time where you will be struggling financially.
There are many signs that point to you being in financial difficulty, these include:
- Avoiding opening credit card and bank statements or any utility bills.
- Being in or near your overdraft on a regular basis (or over it!)
- Struggling to pay rent, utility bills or other monthly necessities
- Your credit card being maxed out
- Being declined for credit or a loan by your bank or another credit provider
- Cheques bouncing
- You have received legal action, such as a CCJ, for not paying bills or debts on time.
- You feel like you have no control over your finances
- Your situation and lack of money seems to be getting progressively worse month on month
- Finding it more and more difficult to be able to afford social events with friends and family such as Christmas and birthdays.
- You feel like you need to borrow or go into your overdraft to meet monthly bills/expenses.
- Your credit score is dropping
- You are worried, stressed or anxious about your money situation and/or you lose sleep over the state of your finances
- You have received late fees from one or more of your service providers