Just like with everything else in life, there is a right way and a wrong way of doing things. The same applies to support groups. If you’re dealing with personal financial issues that you can’t seem to get out from under, a debt support group can definitely help you. However, such a group can only deliver solid results if you conduct yourself properly.
Here are some group dos and don’ts.
It’s very easy for support group meetings to degenerate into social banter. I’m sorry to break this to you, but there are just so many opportunities out there to shoot the bull with people. I don’t think you need me to remind you that the reason you joined that support group is to solve a particular problem. This problem can actually destroy your life because we’re talking about your personal finances here.
You owe it to yourself to make sure that all conversations are all about personal finance issues. If people start talking about their favorite sitcoms or start talking about their weekend that has nothing to do with their personal finances, then they’re wasting your time. Don’t let them rob you of your time. And also, don’t rob them of their time by talking about garbage. So stay focused and stay on message.
Another common trap that people fall into when they join support groups, whether we’re talking about sexual addiction, drug addiction, or any kind of addictive behavior, is when people judge each other or gossip. This is worthless behavior. You’re not helping somebody when you’re judging them. You’re not helping somebody when you’re telling them that there’s something wrong with them.
Focus instead on solving their issues. Focus instead on how they can modify their behavior so they can make better personal financial decisions. That’s the bottom line. Every second that you waste gossiping about other people’s lives or making personal judgments is a second that you are not solving a problem.
Once you pick up key tips on helping you with your personal finances, always make it a point to put them into action. Even if somebody gave you the secret to life but you didn’t act on it, then you have just wasted your time. That’s the bottom line. So it’s extremely important to listen to the tips, absorb them, and put them to action. Information that isn’t put into action is essentially worthless information. Always remember this.
You might think that just because you owe five hundred thousand dollars or one million dollars, you’re the biggest loser in the group. In fact, this mentality might make you think that your problems are so big and so enormous that other people in the group simply can’t relate to you. That’s absolutely wrong.
You have to remember that the same bad financial decisions that led to you owing one million dollars are the same as the decisions of the people who owe fifty thousand dollars or a hundred thousand dollars. Don’t focus on what separates you. Focus instead on what you share with the rest of the group.