Debt and Anxiety – Getting to Grips with Our Bills
I’ve made some New Year’s Resolutions this year. Usually I don’t bother as not many people stick to their resolutions, but I thought it would be a good idea to give it a go. 2014 was a year of progress for me and I hope this year will continue down the same path. One of my resolutions is to work through some of my debts and get a better handle of the money we have coming in and going out. One reason for this is because now G is working we’re in a better position than we have been in the past five years, the other reason is because money and debts can lead to stress, depression and that dreaded enemy of mine, anxiety.
Santander has been doing some research and they discovered that around one million UK households don’t open their bills. I have to admit I’ve left many a bill unopened and even thrown them away rather than face what was inside. That was a few years ago now and I am better at facing things these days, which has done me the world of good. Running away from problems only makes them worse, especially financial ones. You can ignore them but they will still be there nagging in the back of your mind if not knocking on your door!
Doing the Paper Work
I have created a budget that I am going to stick to. My other half and I are now going to be tightening our belts, stop using credit as a back-up and start paying more off our debts to get them down quicker. We’d have an extra £500 a month if we could just get our debts down, which would make a world of difference.
We’re also going to be ensuring that we open our bills and check the exact amount that is due each month. We’re very guilty of rounding up the costs and when you’re budgeting this can lead to inaccurate figures. In fact, if you were to ask me how much I spent on gas last year I honestly couldn’t tell you, because I haven’t paid attention to the information that was sent to me. By opening and examining my bills I am hoping that perhaps I can find better deals and at least make sure that I’m not paying out more via Direct Debit than I need to (nobody wants to do that!).
My debts and just the general running of the home have caused me to become depressed in the past and that’s not something I want to happen again. It’s only money for heaven’s sake! If you’re struggling with money woes then please remember there is excellent free help out there for people who need it, such as the Citizens Advice. I’ve used them in the past and they really helped me to get back on my feet.
Have you made any New Year’s Resolutions for 2015?
This is a sponsored post but it’s also true!