Now, first of all, positivity here does not mean ignoring your financial worries or going out on a big credit card splurge to help you to forget them! What positivity means here is harnessing your drive, willpower, and creativity, as well as your optimism, in order to start your journey and finish it.
This journey may be towards a debt-free future, a house deposit, or just an as-yet unassigned nest-egg; it doesn’t matter. What matters is that you approach the process with an open mind and that you learn from and even enjoy it.
Of course, if you’re feeling overwhelmed by your finances, then Creditfix can help you to make sense of your situation and see you through; don’t carry on suffering alone.
Remember that you’re not your debt.
It’s easy to see yourself as someone who’s in debt and who will always be in debt. Your life, it seems, is one long period of owing money and it’ll never be over. This learned helplessness can become a self-fulfilling prophecy, so start to think about the good things you have to offer the world. You’re a great cook, your friends always come to you with problems, you’re physically healthy and you’re a hard worker. There’s so much more to you than a bank balance.
You can’t solve your debts overnight.
Unless you suddenly have a huge windfall, of course. For most of us, though, clearing debts or saving up is a slow process, but it should be one that only ever goes in the right direction. Every payment you make brings you nearer to your goal and if you can occasionally make extra payments, then you’re really winning.
Don’t punish yourself.
Guilt and shame can stop you from looking for help and you can beat yourself up so much that you suddenly “crack” and decide to treat yourself. This is a dangerous mindset to have – you need to find the middle of the road (as it were) and just keep schlepping along. Forgive yourself at the earliest opportunity so that you don’t suffer this disabling guilt.
Be honest with friends and family.
If you’re saving up for a new kitchen, then it’s easy to explain to people why you’re not going to the after-work drinks every Thursday. If, however, you’re skipping the social because you’re trying to pay down a serious debt, you might not want to admit it. This can be counterproductive because your colleagues might keep trying to persuade you and then you won’t have an “out” Eventually, you’ll have to cave in – and spend money. So be open and honest with your family and friends.
Do treat yourself occasionally.
Clearing debts is a process; you’ll have long, boring stretches when nothing seems to be moving, then you’ll break a barrier. A five-figure balance comes down to four figures, or one debt is cleared completely… At times like these, you can allow yourself some sort of treat. Head out for Thursday night drinks, or buy some new clothes in the sales. Try to actively enjoy seeing your balances reducing and learning new ways to save money. You’re actually gaining invaluable life skills that will stand you in good stead, here!