I had been a victim of recession and have recently earned a stable financial after three years of hard ship. But the journey of filing bankruptcy and then coming out of it made me learn a lot. What I have learned through this journey is that no one will help you emerge from depression and hard-times until and unless you don’t take responsibility and work for it yourself. These are few of the guidelines that I followed to get my life back on track
Hold on Tight to those who are sincere
I saw many of my close friends and alliances turning their back on me, when they came to know about my bankruptcy. But then I realize that only people who supported me in this time are only my sincere friends and then I hold on them tightly. I seek their help when it was required but then also I missed no chance to return the favor and be there when they needed me
Take Responsibility
Taking responsibility of your actions is one of the basic steps. I realized that it was no one else but my wrong decisions and extra expenses that brought this on me. Thus, I started keeping a close check on my expenditures and even started preparing a monthly plan-and-review for my savings and expenditure, this way I am now able to save myself from spending extra.
Get Back to Work
A wise decision that I wasn’t able to make was to take up a job as soon as possible. But I gradually learned that taking up a job or continuing with your present job is best to keep some money in rolling and it is even useful to skip your worries and tensions for a while.
Keep Track of Debt
To avoid previous circumstances I actually started to keep a track of my debt and even check my credit card report regularly.
Get Some Experts Advice
A good habit that I adopted in the process was to boost my financial literacy. I picked up some financial literature on my way and it actually helped me in many scenarios. I also learned a lot from the experts’ advice. So I’ll surely suggest everyone going through financial crisis to at least adopt this habit on the go, it is indeed very helpful.
Of course I have to give credit to my bankruptcy lawyer from xxxxxxx offices, that helped me a lot in the process and really made the things easier for me. I'll love to hear from you pals about your journey of bankruptcy!
Hold on Tight to those who are sincere
I saw many of my close friends and alliances turning their back on me, when they came to know about my bankruptcy. But then I realize that only people who supported me in this time are only my sincere friends and then I hold on them tightly. I seek their help when it was required but then also I missed no chance to return the favor and be there when they needed me
Take Responsibility
Taking responsibility of your actions is one of the basic steps. I realized that it was no one else but my wrong decisions and extra expenses that brought this on me. Thus, I started keeping a close check on my expenditures and even started preparing a monthly plan-and-review for my savings and expenditure, this way I am now able to save myself from spending extra.
Get Back to Work
A wise decision that I wasn’t able to make was to take up a job as soon as possible. But I gradually learned that taking up a job or continuing with your present job is best to keep some money in rolling and it is even useful to skip your worries and tensions for a while.
Keep Track of Debt
To avoid previous circumstances I actually started to keep a track of my debt and even check my credit card report regularly.
Get Some Experts Advice
A good habit that I adopted in the process was to boost my financial literacy. I picked up some financial literature on my way and it actually helped me in many scenarios. I also learned a lot from the experts’ advice. So I’ll surely suggest everyone going through financial crisis to at least adopt this habit on the go, it is indeed very helpful.
Of course I have to give credit to my bankruptcy lawyer from xxxxxxx offices, that helped me a lot in the process and really made the things easier for me. I'll love to hear from you pals about your journey of bankruptcy!