Your finances have a lot in common with your home. When you’ve been going through a tough time, your home shows it. Things start to pile up. It’s so easy to want to avoid it all.
Everyone knows this feeling: I can’t deal with this right now.
It’s totally normal in a stressful situation, but at some point, you do have to take a look at your finances.
What would be the first thing you would do in your home to clean it up? Do you pull everything out of your closet, and then rearrange it from top to bottom, sorting your clothes by color? No, you wash the dishes and take out the trash. Start with the basic essentials.
1. Open your mail and gather your bills.
2. Check your bank balance.
Now is not the time to feel like you have to reconcile your past nine months of checking account statements to catch up. Just start with the most recent statement and rely on the bank’s balance for the time being while you get started (keep in mind the recent deposits and payments that might not have cleared yet). Sure, it would be ideal to have it all reconciled, but don’t let perfectionism give you an excuse to avoid it longer.
I know this is a sensitive subject, but I just want to encourage anyone who is feeling overwhelmed in their money situation. It will get better. Just look up, and take the next step.