Financial Stress

Treatment Plan

Establish a clear income and expense budget that will meet bill payment demands.
Contact creditors to develop a revised repayment plan for outstanding bills.
Gain a new sense of self-worth in which the substance of one's value is not attached to the capacity to do things or own things that cost money.
Understand personal needs, insecurities, and anxieties that make overspending possible.
Achieve an inner strength to control personal impulses, cravings, and desires that directly or indirectly increase debt irresponsibly.

Indebtedness and overdue bills that exceed ability to meet monthly payments.
Loss of income due to unemployment.
Reduction in income due to change in employment status.
Conflict with spouse over management of money and the definition of necessary expenditures and savings goals.
A feeling of low self-esteem and hopelessness that is associated with the lack of sufficient income to cover the cost of living.
A long-term lack of discipline in money management that has led to excessive indebtedness.
An uncontrollable crisis (e.g., medical bills, job layoff) that has caused past-due bill balances to exceed ability to make payments.
Fear of losing housing because of an inability to meet monthly mortgage payments.
A pattern of impulsive spending that does not consider the eventual financial consequences.

MY STORY