Being in debt can be extremely challenging both from a financial perspective but also from an emotional one.
Debts can sometimes feel overwhelming.
Many find it difficult to get back on their feet emotionally despite their bravery in facing their debts and finding a solution and can often feel guilty spending money on themselves or loved ones because of the debts they are actively trying to repay.
We are here to help you recognise that it is possible to be in the process of repaying your debts and still manage your finances effectively in order to maintain a balanced and enjoyable life.
1. Recognising and accepting your financial position. If you’re used to spending your monthly income without keeping track, it can be hard to budget effectively at first but it is possible.
Empower yourself each month – we can provide you a special budgeting tool so you can effectively plan on a daily, weekly and monthly basis. This is called an ‘income and expenditure form’ and includes how much you’re paying towards your debts, bills, personal needs etc. Budgeting effectively gives you the freedom we all long for.
2. Attending local free events or activities – There are plenty of things you can do with friends and family that are completely free or offers discounts.
You can find discounted vouchers online via voucherscodes.co.uk or moneysavingexpert.com. Check out this link for family fun ideas too.
If you want to compare prices of current events taking place near you simply search ‘events happening near me’ on Google.
3. A simple trick is to leave your bank card at home and take your budgeted cash.
If you’ve effectively worked out both your income and expenditure you’ll know exactly how much you can spend and can feel relaxed about the day.
Our debt counselling services don’t only help customers find solutions on their current debt situations but also assist customers with better ways to manage their income effectively for financial freedom and peace of mind.
We are here to hold your hand throughout your entire financial journey towards the financial freedom we all crave.
Finance Lead Tech Limited T/A Assist My Finances, registered office 83 Stockport Road, Denton, Manchester, M34 6DD. Co Number: 09446694.
Registered in England and Wales. DPA No: ZA101225. DPA No: ZA101225.
Finance Lead Tech Limited T/A Assist My Finances are an Appointed Representative of Sterling Green LTD who are authorised under the Financial Conduct Authority under registration number 469956. Finance Lead Tech Limited T/A Assist My Finances do not directly provide solutions. We offer no obligation referrals to trusted providers of appropriate solutions and receive a fee from these providers if you choose to proceed with the solution. Free and Impartial advice, debt counselling, debt adjustment and credit information services are available from the Money Advice Service and you can find out more by contacting them. The solutions on this page are not available if you reside in Scotland.