Getting Out of Debt

It’s time to get back to blogging and I’ve been working on reducing my debts . I’ve had challenges because I’m on Ontario Disability. The foundation principle here is to take responsibility and perservere. Part of sobriety is paying back my debts.
I have only two major debts, paying back housing for damages incurred by an accidental flood and my Mastercard. Altogether I owe $9000
Right now I’m still on Disability and since my cancer is back I have to get chemotherapy once a month. I’ve been working with the Canadian Mental Health Association to find work that is appropriate for me. I want to find work that involves animals or public speaking.
I must learn to keep going and looking for work that suits me. I am not an idle person but I panhandle to earn money and I take odd jobs when I get them.
I keep a positive attitude by listing my BLESSINGS:
I have my cats.
Jesus is my Savior and the LORD of my life
I am healed by the stripes of Jesus.
I belong to the Church of Jesus Christ of Latter-day Saints.
When we pay back our debts we must work together. We shouldn’t be afraid to ask others for help, including having to use the Bishop’s Storehouse and talk to church members to find extra work.
We must replace fear with faith. The LORD has all power. We must call upon God and accept his will for our lives. Heavenly Father wants us to prosper and be in health even as our soul prospers.
Above all we must move forward with patience and courage. We need to look for lessons in patience and endurance that the Lord wants us to learn. I’m learning to endure with faith as I pay down my debts.
Thomas S. Monson has told us that our task is to become our best selves. No failure has to be final.  How do we respond to failure? I’ve learned to go back to things that are difficult and take them one day at a time. Cleaning up my apartment is hard because of my cancer and the fact that my beaureau is broken and missing a drawer but I still have to clean it. I also need to buy a new telephone and get a better plan since Telus was gouging me for hundreds of dollars a month.
I’m building up an emergency fund by placing $50 a month in my TSFA . I also put money in my regular savings account and  and I don’t use a credit card. Never rely on payday loans or other consumer debts. Payday loans never get paid off and keep you in debt, having to borrow money to pay back the debt so you’re stuck in debt.
Right now I can’t afford to pay extra toward my debts but if you can you should. The most expensive way to get out of debt is to make minimum payments. To get out of debt more quickly you have to make more than minimum payments. If you add an extra hundred dollars a month you will pay off your debt faster and save hundred of dollars in interest. I need to find suitable part time work to make extra payments on my debts. The only interest I have to pay is on my credit card. I only had one credit card, thank the LORD.
I need to find extra and better work . Back when I had massive debts consolidating my debts and paying them off through Credit Canada Debt Solutions was the best way to go. Financial mentors helped me create a budget and live within my means.
If you can, sell things you can live without.
If you are still incurring debt cut up your credit cards.
The loans I need to pay off first are my credit card debts. Thank God I only had one credit card to pay off. I’m praying to God for supernatural debt cancellation and looking for suitable work.




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