Filing for Bankruptcy

Thomas has come to realize that he may need to file for bankruptcy. Last week, he was the victim of two new scams, and realized the “help” he had thought was received was also dishonest. When asking for a copy of his credit report, he discovered that the document they kept referring to as such was not.

Thomas has applied to over 700 jobs since receiving his Master’s degree. He’s tired, and his morale is low. The experiences have also left him feeling physically ill, and he does not feel very desirable. Yet, in hopes of meeting new people, he downloaded a dating app. Unfortunately, after spending over an hour updating his profile with information regarding what he was looking for, the only people who contacted him were the opposite.


The Origin of Pocket Mending

The title Pocket Mending came from a brainstorm performed while searching the availability of associated websites on WordPress. The first several were taken, but then a saying about someone having a hole in their pocket was remembered. According to, the definition of “money burning a hole in one’s pocket” is “money that someone has just acquired and is eager to spend.”

While coming up with a name, the burning part of the phrase was forgotten. Instead, the idea of a hole in one’s pocket was the only part remembered, and inspired the image of someone losing his or her money. Since the founder is a fashion lover, he imagined mending it so there would be no more loss.

However, with this new awareness towards the phrase, “money burning a hole in one’s pocket,” and it’s definition, he found another dynamic of this very interesting. Often times, if he is without money for an extended amount of time, when it is acquired he finds that he spends more than when there is financial consistency. In the past, he has read studies about this, and has been told it’s  a common occurrence.

In his circumstance, this has occurred due to the need to purchase tiny luxuries that he had to be without for an extended amount of time. When in poverty, the length of his wait for income has determined the extent of sacrifices. For example, if he only had $5, he would eliminate things like ketchup. In that sense, he imagines coming out of poverty could lead to a hole being burnt, because as soon as he gets the money he’s going to stock up on ketchup like nobody’s business! Yet, maybe with these money saving techniques, mending still can occur.