Tag Archives: Getting Out Of Debt

What we can learn from Steve Harvey

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    I would imagine most everyone in the universe has been reading about the mishap with Steve Harvey and the Miss Universe competition that happened last week where Steve Harvey announced the wrong winner in front of the entire world.   

Everyone has some experience in our lives where we can relate to Steve Harvey and the embarrassment that followed the broadcast.  Granted, most of us reading this have not made such a large mistake on national television but we have made embarrassing mistakes in our lives in the past.  Maybe we have made poor financial mistakes and now find ourselves living with an embarrassment because we are too far in debt and don’t know how to get out.

Living with debt can be embarrassing because it keeps us from living a life we would like to live, at least it can feel that way sometimes.  Maybe we are driving an old, beat-up car and cannot afford a newer, better looking model because of our debt and financial situation.  Maybe we cannot afford the new home because of our credit score.  Whatever the reason may be the fact remains that we can learn three vital lessons from Steve Harvey and the Miss Universe competition that will help us face our debt and work towards moving past our financial obstacles in life.

  1. Turn and walk away.  Once Steve Harvey had announced his mistake and corrected the error, he turned and walked off stage.  Now, FIRMS is not recommending that you walk away from your debt before you’ve had the chance to pay it off, more that you walk away from the embarrassment and the error.  Don’t linger in the mistakes but turn your back on the financial mishaps you have made and begin the journey to a better financial future.
  2. The next thing Steve Harvey did was issue an apology for the mistake.  Now, you don’t have to tweet out that you have made some financial mistakes.  But you need to acknowledge the mistakes you have made and move forward, don’t allow yourself to stay in the pain of being financially behind.
  3. Laugh it off.  Steve Harvey sent out a meme on his Facebook page where he was making fun of himself for the mistake.  It’s always important that we learn to laugh at ourselves and not let the weight of the situation drag us down further.  Get out in front of the issue and show yourself you can move on.

Not everyone understands the reality that being in debt is not just a financial situation but that it can affect us emotionally, physically, and financially.  You have to have a plan to move forward and get back on track with your finances and your life.  Being a premier debt collection agency, FIRMS is seeking to do just that, to help you find your way out of debt.

We understand it can seem contrary to the plan of a debt collection company to help people get out of and avoid going into debt.  But the truth is we are constantly seeking ways to help people better manage their finances, their careers, and help them live better and more financially stable lives.

FIRMS is here to help with any debt or financial question you might have.  Leave your comments below and we will address them in future blog posts.

 

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Positive Tips To Getting Debt-Free

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    At FIRMS we are aware that most you are probably still trying to get used to the fact that a premier debt collection agency, such as FIRMS, would actually want to help you get out of debt.  Well, trust us when we say that a major part of our pride is helping people just like you learn to better manage your finances and become financially healthy so you can avoid going into unnecessary debt.   While most debt collection companies might try to intimidate you and remain focused on simply collecting your money, FIRMS is dedicated to helping you learn to get out and stay out of debt.

One of the more serious factors in the life of someone stuck in the debt cycle is their mindset.  It is not just the mindset of finances and understanding money but the mindset of negativity that keeps us outside the place of growth and change.  One of the most important aspects to getting out of debt and making better financial decisions is staying positive in your thinking and your views about where you are going.

FIRMS has developed three changes you can make starting right now in your life to help you get out and stay out of debt.

  1. Stay Positive in your thinking.  NEVER allow your thoughts or feelings go to a negative place concerning your finances.  If you currently have some outstanding debts, don’t have negative thinking keep you in the debt cycle.  Change your thinking to be positive.  Tell yourself that yes, you do have some debt, but you are going to have everything paid off soon and you are making better financial decisions.  
  2. Set a goal and complete it.  Start with something simple like you are going to cook dinner at home more often rather than eating out.  Don’t start with your first goal being something along the lines of paying off your home.  Sure, you can pay off your home but that could take a long time.  We are looking for short term goals that you can complete soon and get some momentum going in your favor.
  3. Set a savings goal.  Set out to save $100 and then take that $100 and put it towards one of your outstanding bills or debts.  Write your goal down on a piece of paper and set it somewhere you’ll see it often.  Maybe tape it to your refrigerator or inside your car where you can see it.  Now work towards saving that $100.  Look in your house and car for spare change, maybe make your coffee at home instead of going to Starbucks. Once you have saved your $100 go and put it towards an outstanding debt.

These are three actions and changes you can make RIGHT NOW that will help you get out of debt and actions that will make you much better and managing your personal finances and having far better financial health.

    Leave your comments below and let us know some of the ways you work to become better at managing your finances.  And as always, leave any questions you have below and we will answer them in our upcoming blog posts.  FIRMS is dedicated to helping you get out of debt.

 

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