I had a problem with impulsive spending. I considered a payee but I would have had to cancel my credit cards which meant I couldn't reserve a hotel room. I wouldn't be able to buy or sell on ebay. It just didn't seem right for me.

I was spending most of my SSDI in a few days after getting it and stopped paying my mortgage. I was paying owner financed which was good because if it had been a bank I would have lost my farm. The shock was when they sent me a letter saying if I didn't start making more effort to repay the overdue mortgage they would take the farm back.

I still have money management problems but now it is more about spending too much eating fast food and pizza rather than spending $500 on a pretty collectible horse on ebay.

What would be the bottom line for you?