Money plays a major part in most people’s lives, and although it can’t buy happiness, most people believe it at least helps! Financial security can reduce the pressure and stress in other areas of your life, such as your relationships, work and lifestyle. However, if you’re struggling financially, you can feel enormous pressure to provide for yourself and your family. If your bills can’t be paid at the end of the month, or your debt has become unmanageable, you can find yourself in an extremely stressful situation.
There are many reasons why people get into debt, but it’s usually due to a change in personal circumstances - such as divorce, a new baby or a job loss. Facing up to debt problems as soon as possible and getting some debt advice is important. Ignoring the situation won’t make it disappear. These few initial steps can help you to start to manage your debt:
- Decide on a budget and prioritise your debts.
- Contact your creditors and let them know your situation.
- Offer to pay off the debt at an affordable amount, even if this is small.
- Resist unnecessary spending.
- Cut up store cards and credit cards.
- Try to find ways of earning a little extra money: perhaps by working more hours if possible.
- Get some money advice from friends, family and professionals.
“Happiness is not in the mere possession of money; it lies in the joy of achievement, in the thrill of creative effort.” Franklin D. Roosevelt
Transforming Your Finances
I will help you to fully understand your current financial situation. We will explore your spending patterns and uncover any emotions that you attach to money. If you’re in debt, we will examine how you got into this situation and how to make sure it doesn’t happen again. I can also help you to discover how looking at your situation from a different perspective can relieve your financial stress. We will discuss strategies to help you manage your finances effectively so that you can move towards financial security in the future. It might seem like a huge mountain to climb, but the hardest part is making a start. Once you have, you’ll be halfway there!
Please click here if you would like to book a FREE Money strategy session.
Number of sessions – from 6 sessions upwards
Format – one-to-one sessions
|Session Type||Video, phone or in-person (location-dependant)|
|Session Duration||1hr, 1.5hr or 2hr sessions available|
|Session Frequency||Weekly or fortnightly|