How To Deal With The Emotional Stress of Debt
b"https://www.youtube.com/watch?v=KoJBfZiERvM\\n\\n\\n\\n\\n\\n\\n\\n\\nBeing in debt can be extremely stressful and emotional and it can be pretty tough to deal with. In today's episode we are going to talk about how to emotionally deal with debt and what are some tips I can give you.\\n\\n\\n\\n0:00 - Introduction0:50 - For me I started just living in denial1:35 - #1: Admit that you stuffed up3:18 - #2: Don't feel shame about those mistakes4:13 - #3: Write down ALL of your debts and minimum repayments5:05 - #4: Let yourself be overwhelmed6:05 - #5: Think about what you're afraid of losing8:09 - #6: Organise a short term budget9:16 - #7: Take the long view10:19 - #8: Have the hard conversations10:44 - #9: Talk to people you trust and who won't judge you12:57 - #10: Look to expand your income and your life15:03 - #11: Recognise you will have bad moments and bad days15:52 - #12: Accept that you're going to have to sacrifice things16:55 - #13: Find ways to make your life amazing without a lot of money18:38 - #14: Spend A LOT of time educating yourself19:42 - You've got this! You can do this!\\n\\n\\n\\nRecommended Videos:\\n\\n\\n\\nHow To Get Out of A Debt Hole\\n\\n\\n\\nThe 15-Minute Budget\\n\\n\\n\\nHow To Deal With Debt Collectors\\n\\n\\n\\nTranscription:\\n\\n\\n\\nRyan 0:00being in debt can be extremely stressful and extremely emotional and it can be pretty tough to deal with it i've personally been in a lot of debt i'm still in debt but i kind of feel like i'm on top of it now but in today's episode i'm gonna walk down to my van because it's just it's a comforting space and i love being down there and we're going to talk about okay how did i actually emotionally deal with being in debt and what sort of tips can i give you i do want to say that this is not a video about dealing with debt collectors i don't have any experience with that so i'll link out to a video down below if that's you and also i'm not a qualified psychologist or anything like that i've had depression and anxiety in my own life but if you need professional help please go ahead and seek it so here we are at the van let's go ahead and open it up but how do you deal with the emotional stress of debt for me to start with i just lived in denial i did a couple months where i was just in complete denial about my debt in case you're wondering what's in this box it's like all my notes for this episode as well as some filming gear so when we're in here we can set ourselves up pretty well but i absolutely love this fan hi it's not in the best condition at the moment but i'd love to fix it up hopefully in future videos we can go on some adventures and actually film you know add some cool places in this van so i think the first thing and i'll go ahead and sit down or set up this tripod in a minute but the first thing is actually admitting that you stuffed up admitting that you've done wrong admitting that your past self you weren't as ideal of a human as you probably should have been you made some dumb choices you spent money in ways that you shouldn't have you got yourself into debt you over committed and now you're in a difficult situation and i think admitting that okay i've actually made mistakes to get myself to this point but the person that made those mistakes that that was passed me that was passed ryan that did that and that ryan didn't know what he knows today i didn't know that it would lead me to this situation or if i did i didn't have the ability and the willpower to make a better decision but i'm learning and i'm getting better and i can't completely judge myself what i did yes\\n\\n\\n\\ni did wrong yes i should have done better but that's done that's in the past now all i can focus on now is okay what can i actually do to move myself forward and to get better and so admitting that you've made mistakes in the past i think is a really great way to emotionally deal with it but then also putting that on your past self and saying that was who i used to be that was previous decisions that i've made i now have a decision of how i'm g..."