You spend hours perfecting your resume and cover letter for your dream job. The interview goes smoothly and the employer wants to offer you the position. But there’s one more hurdle to pass: the background check, which includes a credit screening.
Okay, so you have debt. It’s frustrating, sure, but it’s not the end of the world. Millions of people are in the same boat right now, and many of them are steadily working their way toward being debt free. You can do it too. No matter how you got into debt, you can make it out. Maybe you bought a car on credit, maybe you paid for your education with student loans, maybe you used credit cards at the mall one too many times. Whatever the cause, that’s all in the past. Now it’s time to move forward.
We all have to go through the tough financial times at one point or another. And the better prepared you are, the less painful it will be to endure. However, this doesn’t make it any easier when you feel like you’re being crushed by financial problems. Here are tips for getting through the tough times with your financial life, and sanity, intact.
Getting into debt can happen almost without thought or effort. It’s so easy to convince ourselves that we need the latest and greatest of everything, from smartphones and tablets to clothes and even cars and homes.
Muscling through a period that requires great discipline – whether it’s sticking to a healthy eating plan or a budget – is sometimes followed by an itch to throw all previously agreed upon rules out the window.
Let’s look at a hypothetical example.