Let's talk about debt

Be open – If the word “finances” invokes a sense of dread or climbing up an impossible mountain; then you need to be open to the idea that you actually do not know everything, and that is okay. A large portion of the fear we hold about our finances is simply because we don’t look into our finances actively. In fact, the most common reaction is to almost ignore our finances until we have to do something about it, like paying a bill. Be open to the idea that maybe you should be thinking and doing something a bit differently about your finances. Be open to the idea that maybe it should be a part of your ‘daily routine’. If you’re open to that idea, then perhaps you would be open to speak to someone about how you feel and more importantly being open to seeking professional help. 

Being Transparent – Being transparent about your finances involves being completely honest with all money matters, but also being honest with the reasons that led to the circumstance. This also includes life surprises that often catches us off guard, this is okay. This means being prepared to be transparent to anyone else who may be involved, this could mean a family member or a significant other so that you can let them in. Please understand that you are not alone in this. Lastly, if you are working with a professional, being transparent with all of your finances will help them understand the full picture and being able to take everything into account. 

Be Patient, Be Ready – Do not make long term decisions based on short term circumstances, or in other words, be slow to think but critical to act. Understand that the path to financial literacy leading to financial security is not a short-term journey, but the results cannot be enjoyed if you do not commit and take the first steps to follow through. 

Be okay with change – It is very possible that there might be some fundamental changes in your perspectives as you uncover more truths of your financial position. This is okay. It is expected that your very definition of what money ‘is’, can be challenged and as a result change the way you would treat and behave with money. 

The most important message that I want anyone reading this to take away is that you are not alone. Do not ever think that this is a burden that you have to carry on yourself. This does not define you in anyway as a person, as a human being. If you find yourself in a position where you feel that the stress of your finances is too much, I urge you to reach out, talk to someone, be open. There is always Hope. There is always light.