If you’ve been looking for a sign to start cracking down on your finances, this is it.
We all may have experienced the past year differently, but in one way or another, we have all felt an impact from the pandemic. Although we are not fully out of the water yet, COVID-19 has taught us all a valuable lesson about being prepared for anything, especially financially. Some of us may not have been impacted at all, while others are still struggling to find work. Some may have our debts under control, while others might be feeling their loan deferrals creeping back to them now. But 2021 is a new year to start fresh and leave your financial woes in the past.
Peace of finances can certainly help with Peace of mind.
More than you may realize, your mental health and your finances may go hand in hand. According to a report by Morneau Shepell, the greatest fear Canadians have related to COVID-19 is the financial impact of the pandemic. Canadians fear this even more than losing a loved one to the virus or contracting the virus themselves. This doesn’t go without reason. The pandemic has brought a lot of uncertainty, so of course, there will be fear about our finances, but remember – you are not alone. Many of us are in the same waters, but not the same boat, and the first step to relieving your financial stress is taking action.
Start zeroing in on your finances.
This is the time to sit down with your finances and start coming up with a plan or a solution to your debt issues. Evaluate where you currently stand and where you want to see yourself a month, 6 months, even years from now. Think about your spending habits and where you can cut down to decrease your debts. Think of alternative income opportunities or ways to increase your current income. It’s time to stop worrying about how you’re going to pay off your debts and loans and start thinking about your long-term financial goals. The earlier you get help, the better!
Overloaded with debt? We can help.
If you’re ready to take back control of your financial wellbeing and make your debts a thing of the past, there’s no better time than the present! At 4Pillars, we love to watch our clients succeed and we’re here to help you along your path to debt freedom! We work for you, and ONLY you! Book a free consultation with us at one of our 60 locations. You can reach our Muskoka & Parry Sound office at 705-640-0187, our North Bay office at 705-980-0158, or our Sudbury office at 705-806-1252. A debt-free life is possible. Take the first step today.