During times of economic stress we all focus just a little bit more on our own finances.
This becomes a time to really look at our disposable income and frequently we realize that there is just too much month left at the end of the money.
This can turn into a real learning curve as we realize that there is a difference between needs and wants and keeping up with the Jonses is getting more and more unrealistic. Money issues can be a source of anxiety and frequently result in relationship breakdowns.
For a lot of people who have relied on credit to fill in the gaps of their budget and become “maxed out” or who have lost their job due to cut backs, downsizing, or outsourcing, this can be devastating and finding solutions becomes a necessity.
Fortunately there is a lot that can be done and the first step is to “get real” with your finances and come up with a realistic budget that will work for you. Other options could be credit counseling or debt consolidation. If budget issues are bothering you steps need to be taken to move from being out of control to being in control . For individual financial and budgeting coaching please contact Patricia Smith at havenofhope@sympatico.ca
