By info@shareamg.com 
Being in debt is an emotional experience. Learning how to deal with these emotions can make the experience more bearable and lead you to financial recovery.
Steps:
Admit that you are in debt, and it’s more than you can handle.
- Be kind to yourself and focus on paying it off.
- Examine and understand why you overspend – ensure you don’t repeat those same steps.
Create a plan to stop overspending. Don’t let guilt or delays make the problem worse.
- Talk about it with your spouse or a close friend. Let go of the shame and secrets.
- Get professional counselling if needed.
Tips:
Debtors Anonymous meetings can help people who struggle with overspending.
- If you usually pay credit card bills late, reward yourself with a small treat, like a CD or gift, every time you spend on time and avoid late fees.
- Sign up for an automatic payment program with your credit card issuer to ensure you make your minimum monthly payment.
Warnings:
Shopping can give you a quick, good feeling but might hide more profound problems. Get help. Denial will only get you into more trouble.
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