Reduce debt repayments for good
There can be literally hundreds of reasons why people at some point or other in their life’s get into debt. As I often say “being in debt is not a permanent situation”; it is a temporary situation. However to the person in debt it feels pretty permanent when you are at your lowest ebb. Upto the age of 25 I was personally always in debt,or let’s say I could not afford to do what I wanted to do and pay back the money I owed to various creditors. I understand why I was as I was back then and through understanding the root causes I was able to change the effect and so can you !
At AMS our short term and immediate goal with any client is to get our client to see a way of how they can and will be clear of debt. Often for our clients just talking to someone about their debt problems and someone understanding how they are feeling right now is a massive boost in itself. However unlike most other debt management companies we have come across here at AMS we feel that what makes us very different is that we are very interested in getting to the root causes of a particular problem.
A brilliant course that we subscribe to is Morty Lefkoe’s eliminating limiting beliefs. In a nutshell what Morty does is shows you that unfortunately for most people they add meaning to occurrences or events they have experienced. Often the wrong meaning OR at least a meaning that is far from positive. They then look for this meaning in the world around them and over a period of years as they go into adulthood it becomes a deep rooted belief, part of their belief system.
Here’s the profound part! Meaning does not exist ! It only exists in the conscious and sub-conscious mind of the person that created it. Let me give you an example.
7 year old girl – ” Mummy will you play with me?”
Mummy – “Not now sweetheart I am too busy” (sound familiar)
……..the next day
7 year old girl – “Mummy can I read this story I have done”
Mummy – “Course you can sweetheart just as soon as I finish doing the dinner”
………the next week
7 year old girl – “Mummy can we go to the park”
Mummy – “I’d love to baby but I am in a real rush right now but I will take you later”
and so on and so forth…..Over a period of time the little girl starts to ADD MEANING to the occurrences / events and adds the meaning of “I AM NOT IMPORTANT”
As she goes through life she does not get picked for the school net ball team. She adds the meaning “I AM NOT IMPORTANT” . Later on she gets stood up on a date, she adds the meaning “I AM NOT IMPORTANT” etc etc. Now let me ask you do you think having the belief of “I AM NOT IMPORTANT” is limiting or not? That’s right it’s incredibly limiting as are lots of other beliefs that you are probably holding onto right now such as “ITS IMPORTANT TO BE LIKED” “I AM NOT WORTHY” etc etc ( on the course that we can put you through there are 20 limiting beliefs that we can coach you on how to eliminate forever.
Now let’s get back to our little girl who is now a 35 year old adult, who has gone through her life looking ;often unwittingly for the belief of ” I AM NOT IMPORTANT”. Let’s think about the the meaning that 28 years ago she could have added to the series of events that she experienced.
Could she not have given the meaning -
” My mum is a single parent and finds it difficult to give me the time I need and bring in the money we need as a family to live. I am important but she struggles to get by.”
“My mum is just really busy right now but I know she loves me and I know I am important”
“My mum is not really a very good parent but I am important”
“My mum wants me to be an independent thinker and doer and this is her way of showing it and I can and always will get by”
Now just think if the little girl had given any of these other meanings how that would have affected her life? EXACTLY – massively. Now did the little girl really hear “I AM NOT IMPORTANT” - did she acutally hear her mummy say it. NO she didn’t did she ! She saw what she saw, she heard what she heard and she CHOSE (that’s right SHE CHOSE) to give the meaning of ”I AM NOT IMPORTANT” to the series o of events. Now if that was never said – then it’s NOT real and ……….if it’s not real then it never happened………and if it never happened then it’s not true.
That’s right it’s ELIMINATED, it’s gone forever, totally eliminated. Now if you can eliminate 20 really limiting beliefs and replace them with 20 new positive affirmations what is going to happen to that individual. Of course they are going to PROSPER in everything they do and in EVERYWAY.
Here’s how it can all link back to debt , or let’s say getting into debt. For this person who has the limiting belief of “I AM NOT IMPORTANT” they start to look for ways of how they can feel “important”. They find that spending money on a flash car, or a luxury holiday or a plasma TV or designer clothes actually makes them feel good, it makes them receive admiring glances – that’s right “IT MAKES THEM FEEL IMPORTANT!……..and they love it, and why do they love it? That’s right they love it as all through their life they had always felt they were unimportant.
So they do more and more, they buy more and more and everything is absolutely great – for the first few months, weeks, days, minutes that they have made the purchase. Unfortunately though as it’s a material thing that good happy vibe feeling goes, and they have to keep going through all of this over and over again just to feel important. When the truth is that they are and they always will be just as important as anyone else and should feel in their inner world the most important person.
Let’s now add into the equation – a divorce, a relationship breakdown, a job loss, a redundancy, a world wide and potentially crippling credit crunch the like of which the world has not seen since the early 1930′s and there you have a change of circumstances that tips the balance from :
1) Being able to afford the monthly payments on unsecured credit to
2) Not being able to afford the monthly payments on unsecured credit.
Now we can at AMS the home of the Debt Doctor team; just like any other debt management company that is really worth their salt; reduce the clients payments on unsecured credit to a level that the client can comfortably afford. Fantastic ! That is a huge relief for our clients, when they can see that they can now afford to pay back what they owe they feel a massive sense of relief. Only in extremely rare cases are our clients trying to avoid repaying their debts, they simply want to ensure they can meet their repayments and still live. BINGO ! Great but is that the job done? ….
Well no really its not is it ! If the 35 year old lady still deep down really believes the limiting belief (that she made up in her own mind when she was 7 years old) of “I AM NOT IMPORTANT” and this whole cycle of debt can happen over and over again.
Look at and think about debt consolidation and you will see exactly what I mean. How one debt for 5K, became 2 debts for 10K, was consolidated to one debt for 15K, which was then added to with another debt for 3K and another one for 7K, that was all consolidated for another loan with one debt of 25K……..and so on and so forth. The average debt we deal with is just over 33K. The highest we have dealt with is £259,000 on unsecured credit, although we have one client at the moment with over £5,000,000 of debt.
So we want to help our clients long term ( ONLY if they want to be helped though that is important to us at AMS, we never ram this down our clients throat. We totally believe in what we do but we need our client to really want to look at the root causes).
Long term means getting to the root causes, and becoming “aware” of those root causes. Self awareness is probably one of the greatest gifts of human kind. As long as the self awareness is REAL and not some imaginary and severely limiting meanings that we added to events when we were small.
Thanks for listening to our debt advice radio show on Mansfield 103.2 FM, Nic Eatch on behalf of the AMS Debt Dr team at Assured Money Solutions. If debt is causing you pain then please visit your local Citizens Advice Bureau or call us here for free on 0800 612 2472. Remember keep smiling and…….it’s good to talk !
Tags: ams, assured money solutions, causes of debt, debt, debt consolidation, debt counselling, debt management, debt management companies, debt management company, morty lefkoe, nic eatch.debt doctor
