Hard question? For many yes. This would be a very tough question. But I'd rather answer that question than to be where I am now.
When Tatay (father) passed away last year, it was a great and sad blow. That was the first death in the family that I was totally at lost. Not that I dont mind some relatives passing but I was younger then when God called them. And c'mon, it was my father. After all the efforts of extending his life to grant his most precious request, he passed away. Leaving me with an empty pocket and a handful of debts left and right. I am not blaming him in anyway. I wanted it. As every normal daughter would do.
And having said that, I am where I am now. With a deficit of almost hundred grand, I take refuge in reading available articles online. Printed words of inspiration and motivation on how to overcome debts and how to stop digging my own pit. I can spend the rest of 9 hours in the office surfing one site after another on articles related to my dillema. Nothing was wrong with impulse to help. The strategies went wrong. I borrowed to pay my old loan then borrowed again to pay off another. It was like playing badminton or table tennis. From a number of articles I've read, I can relate and here are the keypoints why everything went wrong:
- I lost communication with God. I thought once I was able to raise money thru company loan, loan sharks etc., I will get everything solved. In short, I took over instead of submitting my burden to Him.
- I lost communication to my partner. I took him for granted and did not consult him so instead of having someone to see the whole problem on a different perspective, I missed and lost the chance.
- No concrete budget/plan. Whenever there's any, it was not strictly followed.
- Unnecessary and unplanned expenditures and lending
- In general, being unwise even the situation was asking for it already.
With all these present, my acknowledgment of my present chaos and what brought me here, are good sign it's not too late to change. I've read that it will not be easy. Certainly it will not. The whole problem was not created overnight and so are the solutions.
