Debt Solutions 247

Stop Spending Once you’ve decided to make a change in your life, it’s time to spring into action and start making changes. The best way to start is to stop spending with credit cards. There is no way to get out of debt by incurring new debt, so it’s time to cut up those cards or at least store them somewhere you can’t get to them. Eliminate as much temptation as possible. For example, if your downfall is online shopping, use a web blocker to block yourself from your favor...ite stores. If you tend to spend when out with friends, suggest a night in instead. You still need a concrete debt payoff plan to conquer debt and associated guilt. However, one small step toward your ultimate goal can help boost your confidence, acknowledge your triggers, and, most importantly, give you a chance to forgive yourself for past missteps.

Once you come out from under the covers and admit your debt shame, you’ll be mobilized to pay off your debt and make better financial decisions in the future. Understand Why You Feel Shame Understanding why you feel a certain way about money doesn’t absolve you from responsibility, but it gives you a starting point for how to deal with it. ... It will help you better understand why you’ve made the choices that landed you in debt and thereby recognize your debt triggers and make better choices going forward.

What would you be more embarrassed to shout from the rooftops: your weight or your credit score? It is clear that debt shame in Alberta is worse than even diet shame. Obviously, most people would like to keep their debt and credit score to themselves. The average credit card debt in Alberta is more than $25,000. Despite the fact that debt seems to be as certain as death and taxes, it can create a lot of shame.... Some might think that debt shame is a good thing after all, if you feel bad about it, you’re less likely to incur more, right? Unfortunately, it’s not so simple. When consumers feel a deep sense of shame, guilt, and embarrassment over debt, an opposite effect can take place. Instead of curbing spending and improving debt payoff rates, the embarrassment causes debt to fester unacknowledged and keeps consumers from getting the help they need to take control of their finances. We can help remove the shame.

Have a great Wednesday! . . #shpk #strathco #yeg #debtfreejourney #debtfreeyeg

I was in a coaching session, over ZOOM of course and one of the participants volunteered to be coached by the instructor in front of the entire class. She candidly shared her story about her divorce, her struggles to keep up with her expenses, keeping her children happy, and losing hours at work due to the unexpected pandemic. There was a sense that she felt like she was the only one. Like she was unique in her financial struggle and that she felt ashamed. The reality is, ...that hit home for everyone in the workshop and made us realize how common it actually is to struggle financially at some point in some way. Talking about our finances and our debt is not very common social talk. There is guilt and shame tied to our financial lives. We think that everyone else, all our friends and family members are financially set. In this coaching session, we found out that is not true. We need to support, encourage and empower our friends and family struggling with debt. There is no shame in finding out what your options are and making decisions to rebuild for a brighter future. There is life after debt, let's talk debt.

We enter into our relationships with a lot of baggage when it comes to our money. Our parents may not have taught us good values or how to handle personal finance. Maybe they just weren’t good with money and weren’t role models. Your money story explains who you are financially and how you got there (and where you want to be in the future). Taking the time to learn each other’s money stories and how their attitudes developed over the years can help couples build intimacy and understanding. WE can help! Message or email us today - [email protected]

Most of us have some kind of debt, whether it is a mortgage, a car loan, student or personal loans, and credit cards. If you don’t have a handle on your debt it can seriously affect your credit and your life. There are many methods of paying off debt. First, identify all sources of debt in your life. Then find the fine print for each and figure out the interest rates. This is very helpful to set up a plan to pay off your debt because you may be focusing on paying one kind of debt off and then starting on another after when you’re racking up more interest than you ever realized. Contact us for a FREE consultation and make 2021 the year you are debt-free.

My Mortgage Referral is Up and I Can't Pay - Now What Happens? Do you know someone or are you someone that may be concerned about making their mortgage payments? Listen to Taylor from HACK&Co at Re/Max River City over on his blog. He has a great list of financial resources. Share this on your page, you never who is in hardship and could use some help.

Debt gets a bad rap, but not all debt is bad. Debt allows us to make purchases that we may not be able to afford with cash, such as a home or vehicle. Sometimes though, bad debt, like high-interest credit cards, vehicle loans, or personal loans, can accumulate and cause serious trouble with finances. There are many resources that provide help with debt, but how do you know when you need to see a professional?... Your monthly payments are more than you can afford. Have you: clipped coupons religiously gotten a second job cancelled your phone or cable All to get ahead? And now, after all this, your minimum monthly payments are still more than you can afford? If this sounds familiar, chances are your debt problems are more than you can handle on your own. We can stop all creditor actions, eliminate debt, and get you back on the right path to rebuild your worth today. Contact us at [email protected] to arrange your FREE consultation.

We are sure that 2020 has been an emotionally testing and turbulent time, thanks to the pandemic, a lot of us are keeping our fingers crossed for 2021! Remember all the good memories you have made and know that your life will be so full of wonders in the coming year. Happy New Year 2021!

Out with the old and with the New Year 2021! Let us help you with your 2021 #financialgoals. Budgeting is the foundation of your personal finances and how you are actually spending your money. Do you know where your money goes? ... To find out, log all of your expenses for the last month or 2 and categorize them. You can use general categories, like needs and wants, or more specific ones, like food, housing, entertainment, etc. Then decide on a budgeting strategy. Making a budget and including the dates of recurring bills, such as rent/mortgage, electric, phone, etc., will also help with organization. It can also give you greater control over your day-to-day, month-to-month finances, one of the 4 elements of financial well-being. We offer a FREE consultation to help you get on track, DM us today!

I’m dreaming of a white Christmas, but if the white runs out, I’ll drink the red. Have yourself a Merry Little Christmas.

The stores and restaurants closing the most locations across Canada in 2020....some of your favourite stores are listed.

A little Friday Inspiration.

Are you blaming different circumstances for your financial condition? There are several excuses which we give ourselves for being in a poor financial situation. From being born to poor to being swindled by a loved one, we blame our circumstances for being in a poor financial situation. There is no denying in the fact that everyone has his own set of cards to deal with in life, however, putting the entire blame on circumstances without making any effort to improve is one of th...e most toxic behaviors people have with their money. No matter what your financial situation is, you should always work towards improving it. If you want to have a good financial life, you should never give up.

What You Must Know Before Filing Bankruptcy Filing bankruptcy should be a last resort in dealing with a critical debt situation. For those of us who are struggling to pay off debt, the idea of having those outstanding balances forgiven and simply starting over sounds pretty good. But if you’re thinking about filing for bankruptcy to eliminate your debt, it’s important to know that it’s not that simple. While filing bankruptcy may relieve you of your legal obligations to repa...y your loans and it may help to protect your most important assets, such as a home, there are adverse consequences that come with bankruptcy. We can help you, contact us today. [email protected]

Thinking you need to have a certain amount of money to be happy? Your happiness should never depend on the money have or do not have. One of the most critical traits of an unhealthy financial relationship is to pin down your happiness on the money. This way, you set yourself up for disappointment. To build a healthy relationship with your finances, you need to be content with what you have. If your money can buy you what you need, you don’t need to believe that a specific amount of money will make you happier.

Do You feel guilty when you spend? Hoarding money and never enjoying what you can buy with it is one of the most toxic financial behaviors. To develop a healthy relationship with money, you need to perceive money as a tool that enables you to live your life to the fullest. To feel less guilty about spending money on your basic needs you need to keep the amount to be saved aside as soon as your salary is credited. Once that’s out of the way, you need to spend money to meet you...r basic necessities. If you are left with some money, you can purchase that vase you have been eyeing for or save it to buy something bigger the next month.

10 Do’s and Don’ts to Save Money on Groceries My guess is that one of the best ways to save your hard-earned money every week is to save money on groceries! With good planning, and learning to follow and never deviate from that plan, saving on your grocery bill almost becomes a way of life. https://buff.ly/3iql13U ... #debtsolutions

53 Free (And Cheap) Fun Things To Do At Night That's right, need inspiration for something to do this weekend? There are some great ideas here. https://buff.ly/2FFSBnS #debtsolutions

Symptoms of an Unhealthy Relationship with Money 1. Worrying about not having enough money If you constantly worry about not having enough money, it means you suffer from a scarcity mentality. This isn’t a good way to teach your kids about frugal living.... When you cultivate this type of mentality in your kids, they feel guilty while spending over their basic comforts. Therefore, if you want to spend over something extravagant, never worry that you don’t have enough money. You can rather think about using it in a better way. This way you can learn that your decision shouldn’t depend upon whether or not you have money. It should rather be based upon your needs.

This is awesome!!

I love reading how people can get out of debt. This blog may be a bit outdated, but it still has great ideas about the Top Side Hustles that helped her family gets out of debt. Try an idea today!

How would you describe your relationship with money? What does that even mean, exactly? If money burns a hole in your pocket, you can’t figure out where it goes, and you don’t understand how to invest it, I’d call that an unhealthy relationship. Some of us enjoy looking at our bank accounts, while some feel dreaded. Your relationship with money depends upon how you treat it. Whether you consider it your trusted friend or something that causes frustration, fear, and guilt.... Now you must be wondering how to enhance your relationship with money. The answer is simple. Just like any other relationship in your life, you can improve this relationship with love and compassion. If you want to build a healthy relationship with money, you need to love it no matter what the circumstances are.

How to Make $500 a Month Jason Butler from My Money Chronicles shares his top five ways to make at least $500 each month. Find out how you can supplement your income as well. https://buff.ly/2FCeDrE #debtsolutions

If you want happiness in your life, it is essential to be intentional. One of the tasks you first must tackle in this journey is clarifying your values. Understanding your core values becomes the way in which you live your life. Ask this simple question when you make any critical decision: "Does this support the life I'm trying to create." Asking this simple question will help bring clarity to all your choices.

What To Do If You’ve Been Laid Off During COVID-19 There’s no getting around it, getting laid-off can be really hard. You’ve invested a lot of yourself into your work, and to have it end with no say in the matter can feel similar to the end of a really meaningful relationship. And we all know how it feels to have a relationship broken off by the other party with no say in the matter. Whatever the circumstances, it does not feel great.... Read on for our tips, tricks, and advice for navigating your lay-off and coming out the other side stronger than ever. https://bit.ly/3hgLtvA

Should You Choose Debt Solutions and Management Company to Help You Get Out Of Debt? With so many less than reputable debt solutions and management companies out here, why would you choose one to help you reduce your debt and repair your credit score? Read more on my blog as to why! https://bit.ly/2R8eI9l

Has the economic downturn affected your take-home income? Often, personal debt comes from many different sources, all with varying monthly fees and interest rates, and can quickly spiral out of control. By combining your multiple debts together, you now have only one monthly payment that fits within your budget. We will help you get a fresh start, without having to go bankrupt. Learn how to get out of debt with us. ... Contact us today - [email protected] See more

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Why the end of CERB could hit consumer spending and complicate the recovery. The federal government is phasing out the Canada Emergency Response Benefit (CERB) which has paid $68.5-billion to about 8.6 million unique applicants in the coming weeks and transferring people onto other forms of financial assistance, including Employment Insurance. Many of the people who are EI-eligible are going to find out very quickly in September that they’re going to make a lot less on... EI than they made on CERB, Mr. Macdonald said. As well, there are plenty of people who don’t qualify, such as those who make EI contributions, but haven’t logged at least 420 hours of insurable hours over the past 52 weeks or since their last claim, whichever is shorter. Another cohort is the self-employed, who are ineligible for regular EI benefits and numbered nearly three million before the pandemic hit. If you are struggling or need help navigating your budget and finances. Email [email protected] today. https://tgam.ca/3l1g43m

Credit & Credit Repair Do you want to learn about credit & credit repair? You’re in the right place. Knowing what you’re dealing with can definitely help when it comes to your money, borrowing, and debt. Let’s start with some helpful articles, and then go over what some of the terms you hear a lot mean. Read more https://buff.ly/2Q6pjkk