Many times – and way too often these days – we read or hear of someone in dire financial difficulties. Although most of the time the human reaction is to sympathize with the situation, the truth is that words we read or hear are hollow and abstract, no matter how hard we try to imagine being in the other person’s shoes.
With no feelings to share, we cannot relate to the anguish we read or hear about. At least, until it hits us right at home.
When financial difficulties intrude in our life disrupting it, we can suddenly understand the pain too well. Shock, humiliation, stress and a general feeling of failure begin to whisper in our ear day and night especially at night.
As stress increases, we search for a way out, but when our options dwindle we feel trapped. Personal relationships get strained in the process, adding tension to an already gloomy emotional state.
At this point, recovering peace of mind is just as important as rebuilding the finances and, consequently, one’s credit.
In fact, according to the Substance Abuse and Mental Health Services Administration of the United States, in order to fight back and regain control of one’s life, engaging in stress relief coping techniques is very important. This is what they recommend:
* Trying to keep things in perspective – recognize the good aspects of life and retain hope for the future.
* Strengthening connections with family and friends who can provide important emotional support.
* Engaging in activities such as physical exercise, sports or hobbies that can relieve stress and anxiety.
* Developing new employment skills that can provide a practical and highly effective means of coping and directly address financial difficulties.
(For more information see http://www.samhsa.gov/ECONOMY ).
Of course, all of this is a lot easier said than done, but it can be done.
Above all, it is the feeling of helplessness that needs to be fought off and that’s where the above suggestions can truly help, for example, working on new employment skills and finding someone who can provide emotional support, such as a pastor, a good friend, or a family member.
Once the feeling of helplessness has been reduced, it is time to work on a sensible financial plan, taking it one step at a time in order to avoid being overwhelmed. This is where the recovery process could benefit from a consolidation loan or a title loan on a vehicle or other property.
A quick injection of cash from a reputable title or consolidation loan provider, without the restrictions and bureaucracy of the banks, can provide immediate relief, reducing the stress and allowing sufficient time to rebuild finances, credit and above all, peace of mind.