Getting Out of 'Debt Denial'

by Michelle Haddick
(Boise, Idaho)

Have you ever felt overcome by that feeling in your gut where you don’t know exactly where you are financially, and you’re not exactly sure that you want to know….so you ignore it?

D-E-N-I-A-L, perhapse?

I’ve been there a time or two and I don’t ever want to go back.

Life brings on enough stress that is out of your control. The dog will barf on the carpet. The kids will pick up every bug that circulates at school and need to stay home sick – undoubtedly on the one day you have scheduled important meetings.

You’re already late and you walk out the door to a flat tire. Your spouse will have to undergo unexpected surgery, leaving the responsibility of the house, kids and pets all on your shoulders.

Life is all about knowing how to deal with the unexpected.

The stress of having your personal finances unorganized and out of control is a stress that you have the choice to eliminate. The peace of mind that comes with having your personal finances organized and in control is priceless.

Having peace of mind in the area of your personal finances makes you that much more able to handle the unexpected that life throws your way.

If this makes sense and somehow stikes a cord with you, then it’s time to roll up your sleeves, gather all of your personal financial information and sit down at the kitchen table.

The Financial Record Label Template that Richard Gorham provides on this website is amazing and I am very thankful for his generosity. Who else creates these kinds of helpful tools and then just gives them away? Thanks Richard!

Taking the time to organize all of your income and expense information in one place is well worth your time. It is the first, GIANT step towards taking control over your personal finances and eliminating the stress that goes hand in hand with being unorganized.

Once you have all of your finances accounted for, you are ready to face what is on paper and take control.

Like anything else, you get what you give. If you don’t give the time and energy to organize and plan your personal finances, you will not get the peace of mind that goes with having your finances under control.

With identity theft now so commonplace, if you were to become a victim of ID theft you would be able to respond quickly. With all of your financial information organized in a personal financial statement (Another AMAZING TOOL Richard!), you would be able to run down your account list and make the necessary calls to resolve the situation.

Can you imagine how scary it would feel not only to become a victim of identity theft, but also being unable to quickly locate your critical financial information?

When your financial information is well organized and written down on paper, you are ready. Ready to tackle your debt. Ready to make a positive change. Ready to make financial peace.

This is worth the investment – believe me.