A lot of the people we work with at iMoneyCoach have something in common. They’ve got some debt – they’ve tried various methods of getting out of debt, but somehow they end up back in the same place (and unfortunately sometimes worse off than before). Sound familiar? Have you tried the workbooks, seminars, TV shows, support groups, etc? And did they work for a while, but then life crept back up on you and somehow that debt came back?

When you get out of debt, in order to stay out of debt it is vital to address the real issues that cause debt in the first place. You see, our lives have more of an impact on our finances than you may have realized. In fact, everything we do and every decision we make affects or is affected by our finances. Our lives and our finances are intertwined. Therefore, when we have issues in our lives, we often use our finances to try to fix them.

You may have read some good books or gone to some great seminars on getting out of debt. There is some great advice and really neat methods out there for getting out of debt. But like the latest diet fad, most of those things work for a little while but then life kicks in. You find that you can’t live on only orange juice for the rest of your life. In your finances, you find that you can’t live solely on the financial advice that those programs have offered.

Another comparison to health and dieting is the need for a lifestyle change. Truly fixing your finances requires you to make lasting changes rather than quick fixes. Just like you know you need to eat a balanced diet and get regular exercise, with your money you need to maintain a healthy financial lifestyle.

Ok, so where do you start? Well, you take a good look at all the areas of your life to see what might issues might be causing problems for you financially. A life coach can really help you with this so you can tackle those issues right away, so it’s a good idea to get in touch with one. Then you can start working on finding balance in your life, meaning that you are working on fixing problems and taking steps toward success in all areas, not just one. This Life Balance is important because you can get ahead in a bunch of areas of life, but it only takes one that is floundering to hold you back.

Once you’ve made some changes and are working on your Life Balance as well as your basic money management (budgeting, tracking spending, etc.), then you will start to see your finances pick up. And they can continue to get better and better. You will be able to get out of debt AND stay out of debt for good. It is a great feeling that leaves you motivated, happy, and energized. You never want to get out of debt only to sink back in. It’s time to start a lifelong change that will get you out of debt and keep you out so that you can reach your financial dreams.

Want to learn more about what a personal finance coach does?

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