Getting out of Denial

Getting out of Denial The major obstacle that people have when it comes to money issues is that they don’t believe that they have a problem. Denial is the most common reaction of many people when confronted with their relationship with money. It’s easy to... More

Getting out of Denial The major obstacle that people have when it comes to money issues is that they don’t believe that they have a problem. Denial is the most common reaction of many people when confronted with their relationship with money. It’s easy to say that you’re doing fine when in fact you’re already on the verge of a financial meltdown. Thus, you need to know if you’re in denial so you can snap out of it and tackle your problems head on. So, how can you tell if you’re in denial? Here are some signs: You know you’re in denial if: • You believe that you’re doing all right even if you know that your credit card debts are mounting and you have nothing saved up for yourself or for the kids. • You can still pay the monthly minimums on your credit card debts but are racking up 20 percent or more in interest in the process. • You find yourself applying for new lines of credit because you have maxed out the credit limit on your existing cards. • You charge even your groceries to plast Less