Too much DEBT = Too much Stress
Here are 3 Tips on how to cope with DEBT and STRESS:
FIRST: FIND OUT EXACTLY WHERE YOU STAND FINANCIALLY
It may sound like a useless exercise, but believe me, the unknown is usually not as bad as you think it is.
When stress, panic, fear, whatever you call it takes over, your mind has a way of making the situation seem bigger than it really is and impossible to correct. DON'T BELIEVE IT! Someone once said that FEAR is:
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False Evidence that Appears Real
It's time to face your F.E.A.R and find out what your reality is. A Basic Budget can be very helpful. Don't forget to include all of the miscellaneous items like:
- Starbucks
- McDonalds
- Movie Rentals
Those small items may seem insignificant, but they can really add up to a big chunk of your monthly budget!
SECOND: SEE IF YOU CAN FIND 3-4 EXPENDITURES THAT YOU COULD LIVE WITHOUT!
If you are $200-$300 a month short and the stress is overwhelming, could you do without (or at least cut back on):
$4.00 Latte x 5 days x 4 weeks = $80/month
$6.00 Lunch x 5 days x 4 weeks = $120/month
$4.00 Movie Rental x 2 days x 4 weeks = $32
That's over $200 saved! Could you cut back on your cable bill by eliminating some movie chanels and getting Netflix instead? What about canceling that gym membership and walking your dog instead? Just be creative. There are many small ways to cut back that add upt to BIG TIME MONEY SAVED!
Remember, is the stress of "living without" a couple of things worth minimizing the stress of going deeper and deeper in debt?
THIRD: It's time to get some advise on how to deal with your debt!
Debt Management and Debt Settlement are two programs that can:
- Stop collection calls
- Reduce you total monthly debt payment
- Lower or eliminate interest rates and late fees
- Help you become DEBT FREE in 24-48 months
REMEMBER:
- Your mind will make the problem seem greater than it really is
- There is always a solution
- It's time to TAKE ACTION
