Bouncing Back From Financial Ruin: How to Forgive Yourself

One thing that most people don’t talk about is the guilt you carry when you make financial mistakes. It can be pretty bad for minor things but worse for significant financial ruin. In case you were wondering, yes, getting fired counts as a financial mistake.

Today, we’re digging a little deeper and rooting out something that impairs people from achieving full recovery: guilt.

Experts have found that even if someone manages to get out of debt, a lingering feeling of guilt can be dangerous. Emotions play every bit of an importance to full financial recovery. As we’re wholly committed to helping our readers triumph past ruin, we’ll be looking at how you can learn to forgive yourself.

Accept your mistake

It is said that the first step at dealing with any problem is to accept that there IS a problem. People who are not able to do this often find themselves back in the pit of financial mistakes. A great way to ease the process of acceptance is to talk to people who you know can understand you.

Express your regrets out loud instead of just holding them in. The simple act of vocalizing your guilt is a great way to get rid of it. Shouldering the responsibility of a financial mistake can be tough but you can persist as long as you start off with the right foot.

Understand what you did right

There is a great difference in acknowledging that you made a mistake and fully comprehending it. What led to such a mistake and what was done immediately afterwards will need to be reviewed. You need to identify what you did right as well.

This particular step can be daunting to most. It takes a different kind of strength to be able to look back on something that’s deemed shameful and find some good in it. Realizing that even in the worst of situations that you were able to do wise decisions is a good boost for future pitfalls.

Avoid being overly critical of yourself

It can be easy to be quite critical of yourself. This is particularly true when thinking of actions that led to significant difficulty. It’s easy to set a comparison between your own mistakes and the seemingly blessed life of others. At that point in time, it is important to remind yourself that you know all the details of your own struggle but not the struggles of others.

Being overly critical of yourself can severely impair your ability to forgive yourself.

Parlay your guilt into personal growth

Regret can certainly take a toll in your psychological growth. However, this is a good chance to use this as a clear motivation to avoid future mistakes. It is a good jumping point into laying down practical choices for future financial decisions.

Considering the tips listed above can help do away with guilt for making big financial mistakes. Guilt is a heavy burden. Choosing to let go of the guilt you bear will serve you well.

Take the Bull by the Horns: Our Global Action Plan Needs You!

We must look beyond our own nation. We are more than just the USA. We are merely a drop in the sea of humanity. We all must work together to help push humanity beyond mediocrity and greed. We do more than addressing the concerns of those who have suffered and lost their jobs, homes, and businesses. Victory for the World looks beyond our own shores and see the big picture.
We understand that there are more than just banks that hinder us from true victory. Banks do need to face reform. However, we also need to safeguard the planet that we live on. There has been an alarming amount of support shown for the naysayers of global warming.

Yes, Global Warming is a “Thing”

It is quite frustrating that despite the overwhelming amount of data available, people in power refuse to acknowledge it. In fact, they go out of their way to declare it as a hoax or something that has no conclusive study. Our glaciers are melting and the sea levels are rising. Each year has been progressively warmer than the one before. This isn’t something that’s isolated to the US.

Meteoric rises in recorded temperatures are occurring all over the world. Several of our brightest minds have all been on a campaign to raise awareness. The National Snow and Ice Date Center have time lapse images that show that major mountains like the Rockies and the Himalayas are losing their snow at an alarming rate. All the water that comes from those mountains finds their way to the sea. It is also to be noted that when sea water warms, it also expands. When the seas rise, lands disappear.

You know who lives on land? We do.

We all have seen the devastating consequences of stronger rains. It is estimated that by the year 2030, the number of people who are exposed to flooding shall triple. Our weather has been crazy and it’s because of any superstitious or supernatural cause. We are causing this severe change in our environment simply because of the inaction of people in power.

What can we do?

You can join us in our cause to promote further awareness in a peaceful manner. We all need to get involved in order to save our world. We’re already losing so much simply because we refuse to let go of fossil fuel as a source of energy.

We need to blaze the way and demand for clean and sustainable energy. When the US pulled out of the Paris Agreement, they did a major disservice to us and our future generations. It is crucial that we must break the stranglehold that oil companies have on our government. We need to free our planet from petty greed.

We must not let another year go by wherein the existence of global warming is denied. Get in touch with your local and national representatives. Let them know that we are watching and are aware that our planet is in danger.

Don’t Lose Your Head: What to do When Financial Disaster Strikes

The only thing we know about life is it is unpredictable and that money makes a lot of difference. So it is understandably alarming if you find yourself in the middle of financial disaster. When you do unceremoniously find yourself smack dab in the middle of financial ruin, it is important to remain calm.

Now is not the time to fall into despair. If you are the head of your household, there are people depending on you to make everything right again. However, it is also important that you know that you are not alone in your journey.

One of the most important things you need to do at the start of it all is to realize the reality of your situation. For a lot of people who aren’t able to do this, they end up with a deeper ditch than they originally started with.

There are many others who have been in your shoes and have bounced back from the financial abyss. If you find yourself facing bankruptcy, it is important to know what it is.

What is bankruptcy?

It is the legal status of anyone or any entity that cannot suitably pay back debt it owes. You must ascertain what type of bankruptcy you fall under. For example, you can fall under Chapter 7 or Chapter 11.

A great way to ascertain for sure if you do fall under a certain type of bankruptcy is to do complete inventory of your present finances. When there’s a storm in the horizon, it’s important to make sure that you keep a good eye on what you still have. Having suitable understanding of your financial capacity is a great way to start building your plan to get out of the dire straits you’re in.
Asses your remaining assets and have a frank understanding of how much cash you have on hand and have access to. Overhaul how much you spend each month. Clarify that your spending must only be on critical things like food or your mortgage.

Once you’ve done this sufficiently, it would be important to clarify your action plan to getting back on your feet. Determine how much income you realistically need each month and how this can be set toward paying off debts.

If you ever feel anything is too much, you can find support groups that can help you weather your financial storm. One piece of advice that most people don’t realize is important is: don’t just focus on paying back your debt. Even when you do have debt hanging over your head, it is important to get a sort of reward system in place for yourself.

A balance must be struck between paying off your debts and sustaining your emotional satisfaction. Yes, emotions should be taken into consideration when planning your financial recovery. Just hunkering down and allotting every since cent to debts and other responsibilities will be draining in the long-run.
If you plan your financial recovery well, you will find success in the end.