Sometimes we can use a Helping Hand with our Financial Situation
This time of year can be tough on our pocketbook and finances, leaving us overwhelmed, juggling, and looking for help to figure out how to get some debt relief.
No one says it better than President, Doug Thode of D. Thode & Associates
“People facing financial challenges have more options than they are aware of. We are available to listen and get people back into financial order. At D. Thode & Associates, it is our promise that we will provide our services in a professional and compassionate manner.” Doug Thode, President
When the holidays end and the new year begins, it’s a good time to reassess your financial situation and see if there are any adjustments to be made. Taking some time to review your spending and saving habits is a great way to give your budget a check up and make any necessary changes. If you’ve overspent through the holidays, it’s a good idea to revisit your balance sheet to see where you stand. You’ll be surprised at how small changes can make a big difference!
Review your budget
The first step towards finding a debt solution is to review your finances and establish budgeting techniques. Take stock of all of your expenditures each month – no matter how big or small. Make sure to include a category for miscellaneous items like your morning latte or your afternoon smoothie. Once you have tallied all of your line items, see where you stand in relation to your income. Are you meeting your needs? Are there areas in which you could improve? Set goals based on your data and plan to act on them.
Review your budget
Assess your Debt
If you have a lot of debt, make sure you are able to manage your monthly payments and keep your credit score intact. Making interest only payments is a no-win situation that can have you paying much more than you originally borrowed, without paying down your principal. Consider making changes in your daily spending habits to free some cash for debt reduction. A little belt tightening now can help you out in the long run. Lower credit payments and a better credit score will be your best reward.
If you’ve taken a good look at your finances and still can’t find a solution, we are here to help reduce your debt. We can review your financial portfolio and come up with strategies to get you back in the black.
At D. Thode & Associates Inc. we pride ourselves on providing personalized service. You will deal with a small, dedicated and experienced group of staff who will guide you through the process. We are friendly and compassionate and understand that past problems will not define your future.
To talk to one of our Licensed Insolvency Trustees or Proposal Administrators, book a free consultation today on the attached form.