Already on ArticleSlash?

Forgot your password? Sign Up

Can't Pay Bills? Learn How to Deal With it the Right Way

Sherry L Harris
 


Visitors: 264

It's a situation that no one wants to find themselves in, but unfortunately some of us do. Your bills keep coming but you don't have the money to pay them. When this happens, there are two ways to deal with it. All too often, people choose to bury their head in the sand and pretend like it's not happening. This only makes the problem get increasingly worse over time. The other way to deal with it is to face it head on, but this is easier said than done.

Here are some suggestions for dealing with it correctly.

1) Make a list- The first thing you need to do is make a list of all of the bills you must pay. For example, your list may include a mortgage, car payment, college loans, insurance and credit cards. For each of these payments, find someone to contact. The fact that you took initiative will usually result in a positive reaction from lenders. Be sure to get their name so that you can contact the same person each time. Also, if an agreement is reached, make sure you get it in writing. If you are unable to reach the same person later, you will need proof that you had an arrangement with them.

2) Be wary of quick solutions- The fact is that debt is a big problem, and it is not going to be solved quickly. If someone advertises a solution that seems too good to be true, it probably is. One example of this is debt consolidation loans. The keyword here is loan. It will get rid of your problem for awhile, but in the long run it is just going to be yet another loan you need to pay off. Use this solution with caution. Another thing to watch out for is debt doctors. These are companies or individuals who claim to have the ability to erase your credit record for a fee. This isn't actually possible, however, and they are just scamming you for your money.

3) Keep the rest of your life in check- If your finances are falling apart, don't let the rest of your life fall apart with it. Depression will cause inaction and inaction will cause more debt. Try to keep your life as under control as possible. Simple ways to do this are to make sure you get enough sleep at night, and eat a healthy amount of nutritious food each day.

Need insomnia help? Sherry Harris offers FREE information packed ebook, “101 Amazingly Simple Ways to Beat Insomnia. " Get the solution to your sleeping problems right now at http://www.ScentToSleep.com - Get all the help you need to fall asleep fast, free sleep tips (that work!). Visit us now.

(467)

Article Source:


 
Rate this Article: 
 
How to Get Back With Your Ex Learn How to Deal With the Heartache of a Breakup ..
Rated 4 / 5
based on 5 votes
ArticleSlash

Related Articles:

Learn the Secrets - How to Pay Off Credit Card Bills and Become Debt Free

by: Bryan Burbank (April 13, 2008) 
(Finance/Debt Relief)

Working Multiple Jobs and Still Can't Manage Those Bills? Consolidate Bills and .

by: Thomas Erikson (April 13, 2007) 
(Finance)

Learn How to Deal With Stress

by: Bennie Erasmus (July 21, 2008) 
(Self Improvement/Stress Management)

Learn More About Sclerotherapy and How to Deal With It

by: Deanie Canales (April 09, 2012) 
(Health and Fitness/Anti Aging)

OCD Forum Learn Not to Be Too Serious, Lightening Up Will Help You Deal With ..

by: Derek Soto (July 04, 2008) 
(Health and Fitness/Mental Health)

Learn Italian It Really Is A Great Deal!

by: Shareen Aguilar (May 17, 2007) 
(Arts and Entertainment)

Learn Ways to Deal With Shyness Successfully

by: Royane Real (April 10, 2007) 
(News)

Learn How To Deal With Chronic Back Pain

by: Tom Turner (June 07, 2007) 
(Health and Fitness/Back Pain)

Learn How To Properly Deal With Anyone Suffering With Alcoholism

by: Dennis Isong (May 23, 2008) 
(Self Improvement/Addictions)

How to Get Back With Your Ex Learn How to Deal With the Heartache of a Breakup ..

by: Miriam Harte (July 20, 2008) 
(Relationships)