Home » Finance » Personal Finance

How to Get Out of Financial Trouble

Aug 17, 2007
One of the most common problems in this modern society is the problem of not having enough money. This can happen to the majority of the people. Zig Ziglar, another master of sale motivation, used to emphasize that although money is not everything, it is as important as Oxygen to mankind. He said this tongue in cheek but it is so true. Money is important since it bring us comfort and valuable resources. We can use these resources that money can buy to exchange for a lot of things for example time, or materials needed for our personal development. Some people said the money is the root of all evils. They might have remembered it wrongly from the Bible. Actually, the Bible said the love of money is the root of all evils. We need to distinguish between the two.

Not everybody is successful financially. Actually, only a handful of people can do it. Although capitalism allows us to accumulate wealth according to our will and capability, most of the people still suffer the lack of money some time or most of the time for some people. We are not going to talk about the cause of financial trouble here due to the limited space. The article will talk about what to do when you have already faced financial trouble and how to get out of it.

People can get depressed and overwhelmed by the disaster they made financially. It happens especially for the ones who have family to take care or heavy burdens to look after. No matter what your status is, here are the simple steps to do when you need to solve your financial problem.

1. Determine to solve the problem.
You have to believe that you can solve the problem by yourself. Decide that you will do it no matter what will happen. Vow to put your full effort onto what you need to do. Once the decision is made, you will not give up until your financial problem is solved.

2. Be truthful to yourself.
Evaluate yourself financially. Draw up your simple financial statement. There will be two sheets. The balance sheet consists of your assets on one site and your liabilities on the other. The income statement consists of your monthly income and expenses. You use it to forecast your future financial plan. How much you are going to make and spend for the next period and what will be left for paying debt. Be sure that you sincerely put the information down so that you know what status you are exactly at the moment.

3. Set up your financial goal and plan.
Write down when you want his financial problem to be resolved. See how you are going to work it out. Write the plan down. Brainstorm all methods to be used to have extra income or think creatively about the way to make more money.

4. Take massive actions.
Any problem will not be solved without actions. You need to take a lot of actions to get out of it. Once you have your plan, you have to start working immediately. You know the problem have occurred from our action of doing something or ignore something. We will not let this to happen again. Take a lot of actions and evaluate yourself along the way.

5. Visualize to your financial freedom.
You should aim not only to resolve the current problem but also to be financial free so that this type of problem will not happen again. Visualization will help you attract the situation favorable to what you want according to the law of attraction. Visualize yourself as you are now enjoying financial freedom in front of your inner eyes. You can add some background audio to enhance your attraction power. Attraction Accelerator can be one of your choices.

Financial problem may happen once in awhile in this modern world. This article talks about the steps to resolve financial problem.
About the Author
Jim Somchai
Read more of his articles from his site. http://www.visualizationmeditation.com/go/site
Get The Attraction Accelerator to help your visualization and attraction.
Please Rate:
(Average: Not rated)
Views: 189
Print Email Share
Article Categories
    • Artists
    • Gambling
    • Humanities
    • Humor
    • Movies
    • Music
    • Photography
    • Tattoos
    • Television
    • Classic Cars
    • Motorcycles
    • Recreational Vehicles
    • SUVs
    • Trucks
    • Vans
    • Branding
    • Business Opportunities
    • Careers and Jobs
    • Corporate
    • Customer Service
    • Direct Mail
    • Entrepreneurship
    • Ethics
    • Financing
    • Franchising
    • Home-Based Business
    • Human Resources
    • Import and Export
    • Leadership
    • Management
    • Market Research
    • Marketing and Advertising
    • Negotiation
    • Network Marketing
    • Networking
    • Organizational
    • Presentation
    • Project Management
    • Public Relations
    • Small Business
    • Strategic Planning
    • Team Building
    • Telemarketing
    • Training
    • Data Recovery
    • Databases
    • Games
    • Hardware
    • Networks
    • Operating Systems
    • Programming
    • Security
    • Software
    • Spyware and Viruses
    • Ask an Expert
    • College and University
    • Home Schooling
    • K-12
    • Languages
    • Online Education
    • Psychology
    • Coffee
    • Cooking
    • Gourmet
    • Recipes
    • Wine and Spirits
    • Acne
    • Aerobics
    • Alternative Medicine
    • Beauty
    • Cancer
    • Cosmetics
    • Depression
    • Diabetes
    • Diseases and Conditions
    • Fitness Equipment
    • Fitness
    • Hair Loss
    • Heart Disease
    • Medicine
    • Men's Health
    • Muscle Building
    • Nutrition
    • Skin Care
    • Supplements and Vitamins
    • Weight Loss
    • Women's Health
    • Yoga
    • Arts and Crafts
    • Babies
    • Collecting
    • Elderly Care
    • Genealogy
    • Hobbies
    • Parenting
    • Pets
    • Pregnancy
    • Woodworking
    • Feng Shui
    • Gardening
    • Home Appliances
    • Home Security
    • Interior Design
    • Landscaping
    • Affiliate Programs
    • Article Marketing
    • Auctions
    • Audio
    • Banner Advertising
    • Blogging
    • Broadband
    • Domain Names
    • E-Books
    • E-Commerce
    • Email Marketing
    • Ezines and Newsletters
    • Forums
    • Internet Marketing
    • Link Popularity
    • Pay-Per-Click
    • Podcasting
    • RSS
    • Search Engine Marketing
    • Search Engine Optimization
    • Security
    • Social Media
    • Spam
    • Video
    • Viral Marketing
    • Web Design
    • Web Development
    • Web Hosting
    • Copyright
    • Cyber Law
    • Intellectual Property
    • National, State, Local
    • Patents
    • Regulatory Compliance
    • Trademarks
    • Buying
    • Selling
    • Baseball
    • Basketball
    • Boating
    • Cycling
    • Extreme Sports
    • Fishing
    • Football
    • Golf
    • Hockey
    • Hunting
    • Martial Arts
    • Running
    • Scuba Diving
    • Soccer
    • Swimming
    • Tennis
    • Dating
    • Divorce
    • Marriage
    • Weddings
    • Astrology
    • Buddhism
    • Christianity
    • Faith
    • Hinduism
    • Islam
    • Judaism
    • Meditation
    • Metaphysical
    • New Age
    • Cable and Satellite TV
    • Cell Phones
    • Communication
    • Gadgets and Gizmos
    • GPS
    • Satellite Radio
    • Video Conferencing
    • VoIP
    • Addictions
    • Coaching
    • Goal Setting
    • Motivational
    • Stress Management
    • Time Management
    • Clothing
    • Electronics
    • Fashion
    • Gifts
    • Jewelry
    • Causes and Organizations
    • Environment
    • History
    • Holidays
    • Men's Issues
    • Nature
    • Philosophy
    • Politics
    • Women's Issues
    • World Affairs
    • Air Travel
    • Camping
    • Cruises
    • Destinations
    • Outdoors
    • Article Writing
    • Book Reviews
    • Copywriting
    • Fiction
    • Non-Fiction
    • Poetry
    • Quotes
    • Screenplay
    • Tools and Resources