There may have been those desperate moments in your life. They’re so desperate; you end up having sleepless nights in bed, tossing and turning. If you managed to get to sleep somehow, you wake up the next morning in a sweat. In a daze, you wonder how that happened. How did I get so wet? And then the dreaded moment arrives. You really wake up and you realize once again; oh dear, I need money. But how. You’ve tried the banks before and they were no help. You can’t go to them now because they’re the ones you owe money to. You’ve also burned your fingers with the proverbial loan sharks. And while they’re even more illegal today, they’re still around.
But you dare not go to them again. You have experienced the debt trap too many times. The interest rates they charged, illegal as they were, were so high, you ended up taking loans just to pay off other loans. You ended up taking loans just to see yourself through another month. Many of you are still fighting your way through them. Many of you have just given up paying, but where has that left you. You’re still indebted, and until the end of time, there is just no way that these companies, the legit ones, that is, are going to let you off of the hook. But as it is with life, there is always a silver lining. There is a way out of your dilemma.
Help is at hand and there are peaceful nights ahead for you. Forget about debt consolidation loans, they don’t work either and it will be a case of more of the same. More debts piled onto existing debts. There are a few people you need in your life right now. Here, we are not suggesting that you go cap in hand back to your loved ones. Perhaps you’ve been there before, and how humiliating it was when other family members became aware of your plight. Also, they have their financial needs too, and chances are good that they might not be able to help you out as you would have wanted. The people you need in your life right now will be working with you, not for you.
That means that there won’t be much handholding. You are still going to have to learn how to handle your money in the future. You are going to need to learn how to budget properly. A qualified financial planner may even surprise you. Imagine your surprise when he tells you one day that your financial priority for the future is not to pay off your debt but to save. You will need legal representation, someone who is qualified and committed to explaining to you your legal rights. And for good financial behavior, you may even see the light of day where a government grant to open your own business is concerned.