By: Ileana T. Hammac, Deposit Servicing Supervisor
It’s late, and everyone has gone to bed … except you. You’re still sitting with your laptop or checkbook register, blankly staring. No matter how many times you do the math, the numbers just don’t add up. It has become terrifyingly clear that you simply do not have enough money in any of your accounts to meet this month’s financial obligations.
Let’s face it; we have all been there before. There are 10 bills due, and you only have enough money to pay off three. Your first instinct is to panic. Fear is the first of many emotions you let in. The next is embarrassment. “How could I have let this happen to me? What will my family say if they find out about this? My parents made so much less than I and yet they never paid anything past its due date!”
You are not alone. Many people you know are going, or have gone, through similar struggles. The good news is you can take these steps right away to turn the tide around:
When it comes to personal finances, fear of the unknown can lead us in the wrong direction. However, keep in mind that the professionals who are helping you are trained to see you through this hardship, and some have even conquered financial challenges of their own. You will get through this, and the experience will only make you stronger.
*The content provided in this blog consists of the opinions and ideas of the author alone and should be used for informational purposes only. VyStar Credit Union disclaims any liability for decisions you make based on the information provided.