So, you are in debt and would like to get out of this predicament. What are you going to do?
In all honesty there are a number of options available, but the problem here is that a number of them actually involve you cutting your outgoings until you feel as if you have been stripped back to the absolute bare bones. Now, this may very well be a way forward, but it does mean that you miss out on a lot of things and your quality of life is also going to suffer and do you really want to do things that way?
Most people want to get out of debt with as little personal suffering as possible and do you want to know the best way to do this? By simply improving your employment status.
Changing Your Working Life Helps.
Just stop and think about it for a second. If you had a different job that paid more you could clear off your debt quicker and save yourself from removing everything from your life apart from the bare essentials. Either moving to another company or even trying to go for that promotion within your current place of employment will result in your income being given a welcome boost and it is then up to you to be sensible with your money.
How Do You Improve Your Employment Status?
So if we agree that this is the best way forward it does then mean that we need to look at how you can indeed improve your employment status.
With this, you do have a number of options. You can of course go online and check out various websites that list vacancies and do a search depending on your qualifications and experience. You may also want to contact an employment agency who can match you up with openings that they have with companies that they represent. This is a fantastic way to move forward as it really is a case of you being matched with the perfect job to suit your talents, and of course you will see in advance the difference to your income.
If you are happy with where you work there is also the option of talking to your boss about the possibility of getting a promotion because with a move up the career ladder comes a higher salary. You might not be made aware of an opening at this moment in time, but just letting it be known that you are looking at moving on will at least put your name in the frame the next time there is another vacancy elsewhere in the company.
Another way to improve your employment status is to consider retraining, and yes this might mean that you have to look at educating yourself in new fields in order to completely change the direction in which your career is heading. Now, you could go and pay for a course to gain a qualification, but remember that you are in debt and do you really have that spare cash available to do this? Probably not, but that does not mean that you have now come up to a dead end.
Instead, there are various places that offer free courses or you do also have the option of picking up grants, that do not have to be paid back, that can help you to study and train for something brand new. There may be some criteria that you need to meet in order to qualify for this, but it is certainly worth doing a search for your local area to see what is on offer. Alternatively, use the Internet to see if there are free courses available in your chosen fields because even a basic qualification in a new area could make the world of a difference.
So, What Next?
If you are in debt and are struggling to make ends meet, then the best thing to do is to change one aspect of your life and that aspect is your employment. Either look at moving to a new company that pays more and has high levels of employment standards (such as Finning Rentals, McDonalds, or American Express), go for a promotion in your current place of employment, or consider retraining in something new to improve your range of skills as this will make you far more employable for a number of people.
The one thing that you cannot do is to just sit still because you will get nowhere and will only end up feeling stressed and wondering how to deal with your debt. Do not allow yourself to be swallowed up by it all and make those changes and you will eventually move towards a new found sense of financial freedom.