Bitesize

Behind in your bills

on November 15, 2021 / by Financial Mindfulness

Behind in your bills.

Being behind in payments can be very stressful and may feel overwhelming.

Don’t panic! If you can’t afford to pay all your bills this month here are some things you can do to take control:

Focus on the present.

Do not imagine future events. Stay focused on the things you can do today to improve your situation and regain control of your finances;

Be a detective.

Identify what is making it difficult to make your bill payments.
Do you know the answer to this question?
Are you forgetting to pay bills?
Are you disorganised?
Did you have any unexpected expenses?

Have you been shopping or going out more than usual?

Write down the reasons that prevent you from paying bills and see if you can find a solution to each one; and

Consider your priorities.

Review your list of bills and identify which ones you can stop, replace, or cancel that aren’t essential.

Pay TV, streaming services, newspaper and magazine subscriptions, extra phone features, paid memberships can all be paused or cancelled until you are back on top of your commitments.

There is an art to paying bills in a seamless and stress-free way.

Behind in your bills

Try
Financial Mindfulness

Financial stress
index rating scale.

I could not meet all my weekly expenses.

I had no savings or financial safety net.

I worried about money and finances.

I felt overwhelmed by my financial obligations.

I ate more, drank more alcohol or smoked more because of my financial concerns.

I acted aggressively towards others because of my financial situation.

I found it difficult to sleep because of my financial concerns.

I think financial stress negatively impacted my relationships.

I experienced physical symptoms (e.g., headache, nausea) when thinking about my finances.

I was involved in interpersonal conflicts because of financial stress.

Our app is due to be launched in the coming months.

Behind in your bills

Try Financial Mindfulness

How ﬁnancially stressed are you?

<img src="https://financialmindfulness.com/wp-content/uploads/2019/05/back-1.png"> Financial stress index rating scale.

I could not meet all my weekly expenses.

I had no savings or financial safety net.

I worried about money and finances.

I felt overwhelmed by my financial obligations.

I ate more, drank more alcohol or smoked more because of my financial concerns.

I acted aggressively towards others because of my financial situation.

I found it difficult to sleep because of my financial concerns.

I think financial stress negatively impacted my relationships.

I experienced physical symptoms (e.g., headache, nausea) when thinking about my finances.

I was involved in interpersonal conflicts because of financial stress.

Try
Financial Mindfulness

Financial stress
index rating scale.