The Money Coach acknowledges the stress of the bankruptcy process, but also reminds us that it can lead to a fresh start. Here are some rebuilding techniques: Let go of the guilt! Put that energy to work on achieving your future goals. Reflect on what led you to bankruptcy, so it doesn’t happen again. Be serious about the way you manage your money. Save regularly, live on a budget, and pay bills on time. Finally, choose a secured credit card that will help you rebuild your credit and prove yourself. She says, “…it’s definitely not the end of the world.”
Read full article here: Best Ways to Rebuild Your Life After Bankruptcy
Carrie Rattle is a Principal at BehavioralCents.com, a website for women focused on mind and money behaviors. She has worked in the financial services industry for 20+ years and hopes to inspire women to better prepare themselves for financial independence.