[Troubleshooting Vol. 1] Payday comes, but no money is left. What people struggling with repayments should review first

“I work properly every month, but I have no money left.”

“Even when payday arrives, there is almost nothing left in my account a few days later.”

“I thought things would get easier once I finished my repayments, but the next due date is already coming.”

If you are in this situation, you are definitely not alone.

In fact, many of the people who consult with us are dealing with the same concerns.

A “low income” is not necessarily the cause.

“If only my salary were higher…”

Many people think this, but in reality, there are cases where income is not the only cause.

For example,

・Revolving credit repayments are ongoing

・There are multiple card loans

・Monthly repayment amounts are increasing

・Bonuses are being used for repayments

In this state, even when you receive your salary, you don't have as much money left for living expenses as you thought, making it easy to feel like “no matter how much I work, things don't get any easier.”

The most dangerous thing is “borrowing to make repayments”

“I'll be fine if I can just get through this month.”

If you think that and take out a new loan, you might feel relieved temporarily.

However, if you keep repeating that,

Borrowing to make repayments

↓

Repayments increase again

↓

Living expenses run short

↓

Borrowing more

This cycle is easy to fall into and becomes difficult to escape.

Three things I want you to review first

1. How much are you repaying each month right now?

Surprisingly, many people do not know their "total amount."

Try writing down how much you are putting toward repayments each month for card loans, revolving payments, credit cards, etc.

2. How many lenders do you have?

As the number of lenders increases, managing repayment dates and amounts becomes complicated.

First, it is important to organize your current situation.

3. Is the borrowing really necessary?

Borrowing has a purpose.

Is it for living expenses?

Is it for sudden expenses?

Is it for business funds?

By organizing the purpose, it becomes easier to consider future options.

Please do not carry this burden alone

Financial worries are difficult to discuss even with family and friends.

That is precisely why many people end up thinking about them alone.

However, if you act in a rush, there are cases where you might later feel, "I wish I had consulted someone sooner."

The important thing is to "correctly organize your current situation."

From there, considering your future options is the first step.

In conclusion

Days spent struggling with repayments are also a significant mental burden.

If you are feeling,

"Will I be okay like this...?"

"I don't know where to start."

If you feel that way, please start by organizing your current situation instead of carrying the burden alone.

Everyone's situation is different.

That is why knowing the approach that suits you is the first step toward a sustainable financial plan.

Thank you for reading until the end.

If you found this article even slightly helpful, it would encourage me if you could press the "Like (♡)" button.

Also, if you have family or friends who are similarly worried about repayments or money, please share this article with them.

"If only I had known sooner..."

I would be happy if I could reduce the number of people who feel that way, even by one.

Moving forward, I will continue to provide:

・Knowledge to avoid losing money on borrowing
・Points to know before screening
・Information regarding revolving payments, card loans, and financing
・Common consultation cases

We will continue to share information to help resolve your money worries, even if just a little.

Please follow us to see our latest articles.

Thank you very much for reading until the end.