Carrying around debt is tough. Much more if you’re carrying multiple debts or a single debt for a long period of time. Unfortunately, some people succumb to this burden and end up with debt fatigue. Although debt fatigue is debilitating and may impair you mentally and emotionally, it is not the end. There are ways that can help you cope with debt fatigue.
Share your troubles and feelings with trustworthy family members or friends. Talking about your problem can provide emotional support. It can also give you a different perspective about your situation.
If debt fatigue is completely overwhelming your daily life, you can seek assistance from professionals. Financial counsellors or therapists can provide guidance, support and strategies that will help you cope with debt fatigue.
Don’t Forget to Take a Break
Give yourself an occasional break from the intense focus and worry about your debt repayments. Find an activity that will bring you joy and relaxation. This will help you alleviate stress and recharge your mental and emotional wellbeing.
Acknowledge Your Progress
Acknowledge and celebrate the milestones or progress you make when paying off your debts. It doesn’t have to be lucrative, just a simple celebration that will recognize your achievement in paying off your debt is enough to keep you in line with your goal.
Take Care of Yourself
Practice self care activities like exercise and meditation. Self care will help reduce stress and maintain your overall wellbeing. Taking care of yourself will help in fighting off the negative effects that debt fatigue brings.