Common Debt Habits To Overcome By Working With 4 Pillars In Victoria

It is not uncommon for people in the Victoria area to find themselves struggling with debt over and over again. While debt can occur for reasons that are out of the individual’s control, such as loss of employment or major medical issues, poor financial habits are often overlooked as a cause of reoccurring debt.

To help identify and change these habits, working with a 4 Pillars debt consultant offers a non-judgmental and practical way to make the changes needed to get out of debt and stay out of debt.
According to our 4 Pillars debt consultants, here are the most common financial habits that create the risk of increasing debt.

Not Budgeting Realistically

One of the advantages of developing a budget with 4 Pillars offers is a reality check. Often people set extreme types of budgets, and then, when something comes up, the entire budget is thrown away, leaving the individual or the couple to spend without staying on the plan.

Juggling Payments

Making partial payments, only paying once bills are overdue, or using one credit source to pay off another are all recipes for financial problems. Our debt consultants work with consumers to not only budget but to effectively manage and pay down debt to avoid this problem.

Impulse Buying

Almost everyone in Victoria has made an impulse purchase in the past. However, routinely buying items you cannot afford, even small value items, lead to increasing rather than decreasing debt.
To talk to one of our debt consultants and develop better debt management practices, call us today at 866-690-3328.