There are many different pictures that our society paints when it comes to money troubles. Many people feel the strong desire to figure out their own problems because asking for a helping hand ‘isn’t something a functional adult should have to do’. Others will tell you that sometimes bad things happen to good people and when you find yourself struggling to make ends meet, it’s time to put your pride aside and get some professional help.
What you believe about yourself and what is expected of you plays a huge role in your ability to do what is best for yourself. Today we are sharing some of our wisdom and things we’ve learned along the way so you can get back to living a life where money troubles aren’t on your brain on a daily basis, consuming every waking moment. We are giving you permission, here and now, to educate yourself about your options.
A Huge Step in a Different Direction
It’s only human to be wary of change. If you’ve become comfortable with the way your finances are set up (not necessarily in a good way, but comfy nonetheless with your personal ‘norm’), it’s only natural to want to keep working on what you’ve started. However, take a moment to look at your current money situation. Ask yourself: what are the major causes of worry in my life? Is money one of them? How much am I generally paying per month on late fees? What about interest? How much money am I making? How much do I owe? If the answers scare you and avoiding the honesty sounds much better than even trying to come up with what to do because the whole thing seems hopeless then it’s probably time to think about bankruptcy.
Options Galore – NOT Too Good to be True
We know in times of heartache and worry, it’s only natural to feel that there is no way out. Bankruptcy is not the only option, although that will be our main focus today because it has helped many people around the world. Now, the decision is not one to be taken lightly but asking and finding out never hurts. Contacting a local Trustee doesn’t automatically sign you up for bankruptcy but what it does do is open your eyes to a whole new way of thinking, a new way of existing – a new option, which at a time like this is so desperately needed.
Of course, there are downsides to filing bankruptcy and this is why we want to make sure you do your homework. You won’t be able to buy a home for a handful of years and opening new credit accounts or loans will be out of the question. On the same token, when you take a good look at just how much stress you were going through before, all of those things may be worth the wait. Your mental and physical health will flourish once you’ve realized that you’ve taken a new step towards a brand new life, in a whole new direction. It’s an empowering choice to make and a luxury each of you deserve to enjoy.