Stop the excuses, start the budget

1. Stop the Excuses, Start the Budget Life after bankruptcy need not be as difficult as it’s made out to be. Yes, adjustments need to be made, not just in your spending habits, but in your lifestyle choices as well. You may already have a consumer proposal Victoria Canada developed with the help of bankruptcy trustees, but it’s good to be reminded of some key pointers going forward: 1.Take a look at your credit report. There may be errors in it that you’ll want to rectify so that your credit history is as accurate as possible. Its accuracy will have a bearing on your future credit applications. There are procedures to follow in rectifying credit report errors, so just notify the relevant agency if you want to make corrections. 2.Track your expenses the first couple of months after insolvency. This way, you’ll see which expenses are unavoidable (rent, utilities, food), and which are unnecessary or can be deferred. By knowing your spending boundaries, you can avoid talking to a bankruptcy trustee Victoria BC to know how much you need to earn, how much you need to adjust (cheaper rent, no cable TV), and what you can do to decrease expenses. Read More