Talking To Family Members About Debt: Tips From Our Debt Consultants In Victoria

There are some topics or areas of conversation that can potentially become problematic in any family. One of these topics in many Victoria families is debt and financial management. Unfortunately, many people who struggle with debt or effective financial strategies are very defensive about any mention of budgeting, debt repayment, or other similar issues.

As debt consultants, our professionals have years of experience in talking to people struggling with debt. It is not uncommon for some of these clients to initially be in some level of denial or defensiveness about their financial situation. However, by taking the first step and having these conversations, family members can help their loved ones to avoid the long-term and potentially disastrous results of continuing with their current habits.

To get started with these challenging conversations, consider the following strategies recommended by our team of experienced debt consultants.

• Think about what you want to say – it is important to think about what you want to say in advance. Consider how the other person may receive the information, and choose words and phrases to avoid blaming, shaming or embarrassing the other person.
• Choose your time – whenever possible, have these discussions at a time when you are both relaxed. You should also have enough uninterrupted time to share your concerns and to allow the other person to respond.
• Address the difficulty of the conversation – letting the other person know you are doing this from a caring perspective and that you are not trying to “tell them what to do” helps to get the conversation started.

Our debt consultants in Victoria can meet with your family member for a free initial consultation. For more information, call us today at 866-690-3328, and we can schedule an appointment.