Woman with mental health problems is sitting desperate on the floor and crying and her dog is next to her

Debts: Three tips to eliminate the fear of this circumstance


A significant number of persons suffer from debt because – let us face it – it is very difficult for many to pay it off. Although it may seem incredible, the main problem is at times not the lack of money, but the negative emotions generated by the fact of being in debt. Let that sink in for a bit… The fear of being in this space can be stiffling to say the least.

Fear is the major enemy of those who have debts. This negative emotion distracts the mind and focus on getting to a better position. Fear prevents the individual person from finding a solution and even the right solution to their debt problem. If you are in debt and feel FEAR, you should know that you can get out of it successfully.

Here are three tips that we believe you can find of significant use.


Accept your emotions – Express as part of therapy

You are in debt and you feel FEAR of suffering material losses because of your situation. Keep in mind that it is logical to feel this way since there is uncertainty in your future. This can generate anxiety and nervousness because you don’t know what to do. The most important thing to know is that only a very low percentage of debts cause great material losses to the debtors.

Take a look at what your contract and agreement may allow. The legislation offers many alternatives for the debtor and creditor to reach an agreement that benefits both. Fortunately your FEAR is unjustified. Simply inform/research for yourself about the infinite number of alternatives that may exist to settle your debts.


Acquire a dominant mindset

The fact of being in debt generates FEAR and anguish because you do not know how to cope with this circumstance. To successfully manage this difficult situation you must change your mentality.

You must be “above” your debt.

That means you must become aware that you are capable of paying your debt. Remember that there are legal alternatives and you are capable of generating more money. Acquire a dominant mentality to control your finances so you don’t get into debt again. This can be your platform to consider additional means to pay of your debt.


Channel your fear into action

You are afraid of the future because you are currently in debt.

Keep in mind that FEAR takes a lot of your mental energy. It prevents you from spending your time finding solutions to your problem. Whenever you feel fearful about your situation, simply seek legal advice on how to reach an agreement with your creditor.

You will be surprised with the great amount of alternatives that exist to settle your debts. You can also think of alternatives to generate money to pay your debts. You can sell items you don’t use, rent empty rooms in your house, start a business, among many other ideas.

Take some time to think about your solution rather than the problem.