Mobile and online short-term loans are one of the fastest growing services in the alternative financial sector. With such volumes brings cases where the borrower for various reasons is unable to reimburse the loan, which, of course, emotionally and physically affects all family members and understanding the psychology of debt can help.
If a family does not have enough money, it is proved that the family members also feel excluded socially; it may be uncomfortable to go without birthday gifts or frustrating that there is no money for fuel.
To avoid this it is important to:
Learn to defend their rights and security, saying a firm “no” to a family member.
Do not allow yourself to be manipulated, honour your needs – do not let other family members act only in their own interests, ignoring yours.
Do not stack up problems – solve them immediately. Do not hesitate to seek help from professionals if necessary.
Learn to cope with stress and bring joy to yourself by finding hobbies.
Do not borrow money and do not take up repayment obligations, and is not recommended to take on extra work to solve debts of a family member.
To maintain an emotional balance, talk about the problems. Do not hide them.
Temporarily turn your attention to something else. Switching helps to relax and restore a balance.
Plan time for rest. Stop once in a while and dedicate a moment of relaxation.
Ms. Dace Caica, Psychologist and certified Psychotherapist