Our last few articles on the subject of credit and personal finance were so well received that we decided to expand the topic a little. If you’re looking for the best way to really kickstart things in terms of rebuilding your finances, the best advice that we can give is that you need to find accountability partners.
Even if you’re looking at credit counseling, this is a great way to make sure that you truly can stay the course. A good accountability partner has a few defining characteristics — so we’ll go into those here right now.
First and foremost, you should be looking for someone who you respect. This might not just be a relative, but a friend that you have grown to know, like, and trust very deeply. The more that you trust your accountability partner, the more likely it is that you’re going to be honest with them. This should be obvious, but you really do have to be pretty transparent. If you aren’t following the roadmap that you set out, you should have your accountability partner call you out on it. But if you end up just lying your way through it, then they aren’t going to stand by you. Why would you want to waste their time with lies when you could let them go and enjoy the rest of their life without having to try to drag you along? It’s your financial future, not theirs.
Make sure that you can set up a realistic time schedule to meet with them. Your support buddy is going to have their own life to tend to, with their own set of financial problems to work through. You don’t want to push all of your issues onto them, right? So you just need to make sure that you are always thinking about the road ahead of you, no matter what. It can be problematic, but it’s always worth it in the long run.
Even though your friend is working with you to give you support, you should still make sure that you’re following your own thoughts and dreams. Everyone will have unique goals that they want, in their own timeframe. If your support buddy isn’t working for you, don’t hesitate to get another one. After all, life is way too short to let everything start bothering you. It would be a lot easier to move forward and really think about how good you’re going to feel at the end of the path in front of you.
Whether you want to get out of debt, start a business, or even just be able to do more with your life in general, having support behind you is definitely the best way to go — check it out today!