You maybe sat reading this article and thinking, I don’t know where to turn and as a result you are ‘putting things off’!
‘Putting things off’ when struggling and battling with Money Worries is extremely stressful and can often make the situation worse. Some people think it will just ‘go away’! The fact is, it won’t, and the creditors will pursue you for the balances.
What some people don’t realise is that, it’s costing you because whilst you are ‘Putting things off’ your creditors are applying interest and charges.
We have analysed 686 individual’s data collected between January – April 2019. The statistics show that men generally put things off or delay asking for help. In my opinion, this is one reason why men between the ages of 25 & 35 have very high stress levels; potentially resulting in extreme actions being taken.
The statistics have identified that 18.4% of females aged between 24 – 28 asked for help and support with their money worries. The same data was analysed for men, showing that men asked for help at an average age of 33. That’s 9 years difference, Scary!
Look for yourself
How to recognise a problem
Are you failing to meet payments on time?
Are you having to move payment dates?
Are you putting food and fuel on credit cards?
Are you simply paying the minimum payments on your cards but having to reuse the cards?
Are you relying on the likes of payday loans to get by through the month?
These are just a few questions that I urge you to ask yourself. If you are feeling that things are starting to get out of control, ask for help now. Leaving it until you can’t sleep or snapping at your loved ones isn’t going to help you, it’s certainly not going to fix things.
Ask for help
OK, so I get that it’s scary admitting that you need help, asking for help can be daunting. I understand that it seems at times easier to bury your head in the sand. But where is it getting you?
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