39 Steps and 39 Days to Debt Recovery a Concept and a System for Managing Your Money

From the Author: Some of us find we are in debt and wonder, then ask the question, "how on earth did I get into such a mess?" Debt does have a way of creeping up on us if we lose sight of what we are doing and where we intend to go. We might decide to renovate our home and find any number of hidden problems that invariably cost us money - usually more than the money we had put into a budget to cover the initial renovations. It's very rarely that projects come in under budget; on rare occasions, we may manage to work the equation out. Businesses often have more in outgoing expenses than in incoming sales. This situation usually leads to accelerating rising debt. At the beginning of projects or ventures, we often start out with very good intentions and then find the initial idea, though of value and worth, may end up costing us more than we had forecast in the business plan or budget. There are many scenarios, not to mention overspending, that can lead us into spiralling, mounting debt. If it's receivership1 , insolvency2 , voluntary administration3 or bankruptcy4 and is part of the financial crisis you are experiencing. In these times, your mind needs to be bigger than the situation you are facing; this awareness will make you stronger. Don't hang on to the past, you may lose material goods and they can be replaced. You may not venture into the same business again, but if you have determination, while taking on the challenge, in time, you will find another way of developing and maintaining your wellbeing and financial wellbeing. Through a financial recession in Australia, I lost all of the material goods that I had worked hard to build over a thirty-year period. Despite my continued hard work to financially survive, I knew the inevitable was going to happen - financial demise and the necessity to start re-building my financial and emotional life from scratch. Through the recession, I lost my home and the means, I had, at that time, for earning my living, my business. I looked at the situation, though I was heartbroken, in the cold light of day, I realised, these are only material possessions and I can start again. I'm not saying it's easy, it's not, but it can be done. I kept my words and my thoughts silent and by doing this I gained the inner strength I needed to get through the situation. I did not think, at the time of the recession, that I would be sitting at my computer many years later writing books for my online bookstore business that has a financial value. You may find that I revert back to the beginning of my journey or to a different time in the journey as you read through the text. To write just one book can take many years but this is all part of the journey. Please take inspiration from the words. It has not always been easy but the learning from the experiences cannot be bought. Nor did I have the vision that my writings, which I started at the time of the recession in 1999, my computer would become the tool that I would use in ...