47-Year-Old Man Feeling Stressed and Depressed: Seeking Advice

Ans: I'm sorry to hear that you're going through a difficult time with your spouse and son. It sounds like the arguments and lack of consensus are causing you a lot of stress and impacting your health. It's important to prioritize your health and seek support if needed.

It might be helpful to try and have an open and honest conversation with your spouse and son about how you're feeling and see if there's a way to work together to improve the situation. It could also be beneficial to seek professional support, such as therapy or counseling, to help you manage your stress and emotions.

Additionally, taking care of your physical health through regular exercise, a healthy diet, and enough rest can also help improve your overall well-being. It's important to remember that it's okay to ask for help and take steps towards finding peace and happiness in your life.

Ans: Dear KS,
First things first. A lot of decisions have gone wrong. It cannot be erased, but certainly you must find a way of recovering from it.
Yes, it is highly disheartening, but once you decide that you want to be in a better place, you have to take certain actions to reach that better place.
So, time to quit being upset and taking firm actions on what to do next to get out of this situation that you are in.
Seek the help of someone within your family or friends circle who is strong with their finances and managing their monies well. Of course, they must be someone you trust as well. Share everything with them (you need the help, so kindly be truthful and honest with them).
Let them put together a plan of action that manages your existing financial resources and inbound channels and match that with all the payments and debts.
Allow them to 'advise' you as you need this strong advice right now. Discuss what's possible and what's not and they will come up with something that is close to perfect.
Once, you start with the first small baby step. things start to look up. Even clearing a small debt will take a load off your chest. So, get into that action mode NOW. And yes, do promise yourself that this situation is teaching you a lesson on how to be financially prudent and that you will learn from it.

Best wishes and look bright and happy NOW!

Ans: Dear Anonymous,
The information shared with me is incomplete. Do you live in a joint family with your parents? How come your parents are involved when you spend money. At 47, do you not take charge of your finances? Is that why your wife blames your father due to his interference in your life?
At your age, your family and decisions for your family are yours and your wife's to make even if you live in a joint family. You and your wife must act like a unit to sort out every family challenge and draw clear boundaries with your parents and that will help your wife have space with you. This will also help the two of you to get closer and go through life's ups and downs together.

All the best!

Ans: I think you need professional help and you shouldn’t be ashamed to seek it. You’re in a depression and obviously not in a mentally healthy space, which is also probably why you are unable to get your business back on its feet. Look, your wife still has a job. Sort yourself out. Take some time to heal from the difficult times you’ve faced. Things will get better. Be strong for the sake of your family — they’re worth it!