I Went From Bankruptcy Major Depression To YouTube Success in 4 Years (ep 071)

Start Creating Podcast with Alan Spicer

Today is my raw personal look into how I went from crippling major depression, debt, bankruptcy and mental health issues into a successful full time youtuber and youtube business within 4 years. From Bankrupt Depression To YouTube Success in 4 Years.... in about 25 minutes.

This is a very raw, open, long and honest look into my mental health when starting and growing my YouTube channel

NEW OFFICE TOUR - https://www.youtube.com/watch?v=z3Kv6ahWXMQ

WHAT IS DEPRESSION?

Depression is a low mood that lasts for weeks or months and affects your daily life.

Symptoms of depression include feeling unhappy or hopeless, low self-esteem and finding no pleasure in things you usually enjoy.

SYMPTOMS OF DEPRESSION

Symptoms of depression include feeling unhappy or hopeless, low self-esteem and finding no pleasure in things you usually enjoy.

Depression affects people in different ways and can cause a wide variety of symptoms.

They range from lasting feelings of unhappiness and hopelessness, to losing interest in the things you used to enjoy and feeling very tearful. Many people with depression also have symptoms of anxiety.

There can be physical symptoms too, such as feeling constantly tired, sleeping badly, having no appetite or sex drive, and various aches and pains. The symptoms of depression range from mild to severe. At its mildest, you may simply feel persistently low in spirit, while severe depression can make you feel suicidal, that life is no longer worth living.

Most people experience feelings of stress, anxiety or low mood during difficult times. A low mood may improve after a short period of time, rather than being a sign of depression.

BANKRUPTCY vs IVA

- What is bankruptcy?

- What is an IVA?

Bankruptcy is typically considered a last resort option for people suffering financial hardship, and for good reason. Going through bankruptcy can give you a chance to get your finances in order, and possibly even get a clean slate—but it also has negative consequences that can affect your possessions and make it difficult to get approved for credit for years.

Here's what you need to know before you file.

What Happens When Declaring Bankruptcy?

If you're struggling financially, bankruptcy gives you the opportunity to pay down a portion of your debts over time or have some of them eliminated entirely.

Either way, declaring bankruptcy grants what's called an automatic stay, which is essentially a block on your debt to keep creditors from trying to collect. They can't deduct money from your bank account, garnish your wages or go after any of your other assets.

You'll then have time to work with the court and your creditors to determine the next steps.

WHAT IS AN IVA?

An individual voluntary arrangement (IVA) is a legally binding agreement between you and your creditors that helps you pay off your debts at an affordable rate. You make payments managed by an insolvency practitioner.

If you have an IVA and stick to the agreement, you’ll get protection from your creditors taking further action against you and some of your debt will be written off.

Check out my blog for more rich in-depth articles to help you start and grow your youtube channel - https://alanspicer.com/blog

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