If people continue to live their old financial habits during difficult times, the crisis will drag on. To overcome difficulties, a program is needed in which new rules of the game are spelled out. To develop a good program, it is desirable to cover four areas: debt, expenses, savings, a foothold for the future.
Instructions
Step 1
Determine the rules for paying off debts. Debt is an emotionally unpleasant topic, which is why some people behave like ostriches: they hide their heads from tense thoughts. An adult must become like a lion with a fearless heart. List all debts. When the numbers are transferred to paper, thoughts are freed and the tension subsides. Keep nothing in mind, trust everything on paper to focus on the positive aspects of life. The amount of debt can suppress the will, if you compare the amount received with current income. Do not think about how many months you will have to be in financial slavery. Determine the percentage of monthly income that you will use to pay off debts. The burden will become lighter with each passing month.
Step 2
Change your attitude towards spending. It will take a lot of discipline, so write a plan for running costs. Give yourself your word not to deviate from the established rules. It will not be easy because others can afford more. Do not follow their lead. Decide what financial habits you need to change to keep spending under control. If you used to buy ready-made food, now buy cereals, cheap vegetables to cook on your own. Avoid expensive meat, sausages, and instead buy inexpensive chicken stew sets. Don't buy sweets that cost a lot of money. Reward yourself with something delicious only once a week if you have strictly followed all the rules of your new life. The first month may pass in the struggle with old habits, then it will be easier.
Step 3
Start saving. During a crisis, the difficulties are not related to the total amount of debt, but to the lack of a small amount of money that was suddenly needed. You always have to plug some holes, so you need to have savings in case of force majeure. Determine the percentage of income that you will save from each receipt of money. Even if it's a small amount, one day it will save you a lot of trouble. In no case do not spend the accumulated funds until circumstances push you against the wall. Savings should be done in parallel with the return of debts, and not after the debts run out.
Step 4
Build a foothold for future achievements. So that motivation does not fade away and not despair captures the soul, we must look to the future. Imagine that incomes are high, there are no debts, everything in life is good. This is what you strive for. It is necessary to build not only a psychological bridgehead, but also to change the current situation. Start a drawer or cabinet with 12 compartments, according to the number of months in a year. Buy cheap items on sale that you use every month: toothpaste, soap, etc. Place supplies in each section of the closet. Gradually you will reach a situation where you have everything you need for life for the year ahead. This will be the launching pad for your life spurt. You can start a business, take the risk of doing something new, because you have built the foundation and are not afraid that tomorrow the house will not be necessary. Some people cannot afford any risk because they are not ready to live without money for a while. It's harder for them to change their lives.
