Worried about daughters finances

[Fizzyworker]

Hi,

my daughter is 28 and a junior doctor in London. She’s single and pays an extortionate amount for a house share.

i’ve found out that she’s 40k in debt on loans and credit cards. I’m devastated and worried that she’s totally fucked her financial future and her chance to buy a house.

shes not as worried as I am and thinks it’s normal!

AIBU to be totally devastated??

Is that in addition to student loans or including them?
Perhaps gift her a session with a financial advisor to help her out of debt.

on top of student loans. Her student sent is huge but I can understand that

That's pretty bad Op :( I would be very worried too.
My DD1 is 32 and is (obviously) still paying off her student loan as a medic student. She's just become a GP and even that entailed more expensive exams, plus indemnities and all that...and she just had an expensive and horrible divorce from her cheating ex and had to borrow money from us to help pay off her ex who tried to claim half the flat despite never contributing a penny.

But the 10k she borrowed is her only non student debt. I don't think any of her JD friends have any significant debt.

Is she really poor with money..40k is a lot, (and as we know despite the tabloids JD are not well paid!) Would she talk to Stepchange or similar for debt advice and to get a payment plan sorted. If she's in London can she ditch her car if she has one?

Is in speciality training or F1/2... can she consider moving out of London to somewhere cheaper to live?

She needs to see it IS a problem, but I guess you can only try to talk to her gently about it as she is an adult :(

This organisation may be able to help her

https://www.payplan.com/