Money Coaching Monday: Financial Forgiveness

Many people are burdened by debt today and are not sure what to do to move beyond their present financial circumstances. If you've decided to it's time to take control of your finances and reclaim your life, you don't have to do it all alone. There are many great resources out there that can assist you.

Here's a few resources that you can reach out to for help and support:

1. The National Foundation for Credit Counseling - A nonprofit organization that provides low cost credit counseling and financial education. They also have some wonderful free tools on their website. You can reach them at 800-388-2227.

2. American Consumer Credit Counselors is a non-profit organization that provides Credit Counseling, Debt Consolidation and Debt Management Services. They can often work out payment plans, renegotiate rates, balances and help you create a manageable payment plan. Their fees are determined on the basis of your ability to pay. Contact them at 800-769-3571.

3. When you are seeking the assistance of a credit counselor or debt management company, make sure they are certified with the NACCC (National Association of Consumer Credit Counselors and/or the AFCPE Association for Financial Counseling, Planning and Education.)

4.Know Your Rights - Debt collectors are not allowed to threaten, abuse or harass you. If you are being hounded by debt collectors, you can send a out a "cease and desist" letter asking them to cease contact with you. This does not, however, relieve you of the debt. But it should give you some peace.

In addition to getting the help and support you need and deserve, it is equally important to work on financial forgiveness and healing any feelings you may have about yourself or circumstances. As you work toward financial resolution in whatever way makes sense for you, you will begin to feel better about yourself and more hopeful about the future.

The path to financial forgiveness begins with one step toward resolution and another toward self-forgiveness. It is difficult to move forward and create a new financial reality if you are carrying the burden of the past along with you. So forgive, make a plan, get help and support and everyday just do your best. Then let go and let God. In time...all will be resolved.

Peace and Blessings!