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7 of the Best Debt Help Blogs for Your New Year Goals

In need of some debt help after the holidays? Debt stress is real, and once your holiday bills start to roll in, you might begin to feel overwhelmed. The good news is that we’ve rounded up a ton of great resources for you to peruse at your convenience — no gym shoes required.

  1. Change your mindset. Once you’ve resolved to deal with your debt, you need to set yourself up for success by maintaining your motivation, making a plan and adjusting your attitude. Ever feel like you’re standing in your own way when it comes to making healthy financial choices? This blog explains how shifting your mindset can help you overcome those roadblocks.
  2. Gather your support. When making a life change, it’s important to have the support of friends and family on your side. Make debt repayment a joint effort with your partner so you can both learn what solutions will work for your family while holding one another accountable. Unsure where to begin? This blog details which steps you can take on your journey together.
  3. Spend less. Minimalism is trending, so why not incorporate it into your debt repayment lifestyle? Take time to rethink your wants and needs this year and press pause before you make impulsive purchases. This blog details some great ways to make it happen.
  4. Budget your way to debt relief. A budget should be your go-to for all financial decisions. Creating a budget is simple with the help of a budget worksheet or a budget app. A budget allows you to track your money, plan for upcoming expenses and manage your monthly income. Your budget can also be adjusted whenever you need to plan for a short-term goal such as a friend’s wedding or an out-of-town weekend.
    Check out this blog to see how budgeting will help you pay off debt.
  5. Know your credit score. Checking in on your credit score is a great way to gauge your financial health and to make sure there are no outstanding debts you’ve overlooked. Equifax and TransUnion are Canada’s two credit reporting agencies and it’s a good idea to check your score every six months. This blog helps to answer all your credit score questions.
  6. Save your money. Unexpected expenses are a fact of life. And when they come up, wouldn’t it be better to have the cash on hand instead of adding to your credit card debt? Whether you want to save up money to start an emergency fund, a short-term goal or retirement savings, you need to have a plan in place. Use this blog as a guideline so you can start saving for those big and small expenses.
  7. Get debt help when you need it most. After the holidays, when debt stress is high and you aren’t sure where to begin, a debt professional can help make sense of your situation. A Licensed Insolvency Trustee is an accredited debt professional who can offer solutions, advice and support on your debt repayment journey. Booking an appointment requires no obligation and it’s completely free. The best part is that it’s a judgement-free zone where you’ll be made to feel comfortable and understood. This blog can help you understand when you might consider seeing an LIT and what to expect.
    You can also compare your debt relief options using this debt repayment options calculator.

Have you resolved to deal with your debt in 2019? Which one of these 7 debt help blogs is most useful to you? Share your thoughts by joining our Twitter community #LeaveDebtBehind #NewYearMotivation #DebtSolutions

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