Being debt free is a difficult journey. You need to make a lot of sacrifices along the way. The reason why people land in debt is because they made a mistake in their finances. They are doing something wrong – that is what forced them to take on debt. It is the number one task that you usually have to do when you are trying to get rid of your debt situation. By identifying the mistake, you can think about the right action that will help you solve your debt problem.
Most of the time, it is the lessons that we get from our mistakes that hold the most significance in our lives. There are errors that are so great that it influences our perception of the future – just like the mix-up in the recently concluded Miss Universe pageant.
As witnessed by millions of people in the world, the pageant’s host, Steve Harvey, mistakenly announced Miss Colombia as the winner when in fact, it was Miss Philippines who won the crown. According to NYTimes.com, Harvey realized his mistake after Miss Colombia started soaking up to the applause from the crowd. With her standing on center stage, the host returned to the stage to admit his grave mistake.
As the world reeled from this huge mix-up, let us all pause to ponder on the lessons that we can get from it. Yes, we can get debt relief lessons from this mix-up. If you only know where to look.
3 lessons from the Miss Universe controversy to help your debt-free journey
There are many lessons that you need to learn if you want to manage your personal finances wisely. Most of these lessons can be taken from actual people who have made mistakes in the past. We should observe these errors so we will learn how not to commit the same in our lives.
The recent Miss Universe mix-up may not seem like an event that we can financially relate to. But if you look at it the right way, you will realize that there are lessons that you can implement in your life – specifically if you are in the midst of a debt relief program.
Here are three specific debt relief lessons that we can take from this event.
Mistakes happen. Deal with it.
First all, you need to accept that errors are bound to happen every now and then. You cannot avoid that. Even an event that is as big as the Miss Universe pageant, even after months of preparation, cannot be perfect. Even a three-time Daytime Emmy Award winner like Steve Harvey can mess up the simplest task of reading his cue cards. This means you are not above making mistakes. If you landed yourself in debt, you need to just accept the situation. It may be devastating and you may have disappointed the people around you. While it is painful for everybody, you need to accept the fact and try not to be too hard on yourself. It is not the mistake that will ruin you but the way you will react to it. If you will act in defeat after the error, then you will lose a lot more than is necessary. Make sure that you react positively to your mistake so you can grow from it.
Take responsibility for your mistakes.
The other lesson that you need to learn is to take responsibility for what you did. Accepting is not enough. Do not point fingers and stop blaming others for the mistake. It is easy to say that you landed in debt because you wanted your family to live a great life, or that the economy is not being kind to you. Remember that blaming others is the coward’s way of handling things. If you made a mistake, you own up to it just like what Steve Harvey did. A lot of people probably hated him for his blunder, but he surely gained a lot of respect for the way he handled his error. To quote the article from CNN.com, Steve Harvey said, “Let me just take control of this. This is exactly what’s on the card. I will take responsibility for this. It was my mistake. It was on the card.” You have to take responsibility for the mistake – regardless if external factors caused you to make it. That is the only way you can move forward from the error of your ways.
Make sure your documents are clear.
The last of the debt relief lessons that we can take from the Miss Universe gaffe is to make sure your documents are clear. Some people thought that the scorecard should be blamed. First of all, the font was small and it was easy to misread. Not only that, the name of Philippines as the winner was at the bottom right – like a footnote. It was easy to say the wrong name. This is a lesson that you need to be careful with as you try to get out of debt. Make sure all your documents are clear. File the proof that you are paying your debts. And when you finally finish all your payments, make sure you ask for the document that certifies that you are indeed, free from debt. And make sure it is clear.
3 lessons from the 2015 Miss Universe, Pia Wurtzbach
Apart from the debt relief lessons that you can get from the pageant, you also have a couple of lessons to learn from the newly crowned Miss Universe, Pia Wurtzbach. Her life and the journey she went through before winning the crown can be applied to your journey towards debt freedom.
Here are 3 things you can learn from Miss Universe 2015.
Never give up.
According to Rappler.com, Pia Wurtzbach tried three times before she was chosen to represent the Philippines in the Miss Universe pageant. She joined the Bb. Pilipinas pageant and never gave up the first two times she failed to earn the crown. And now that she was given the chance to represent the country in the Miss Universe pageant – she brought home the crown. If you are drowning in debt, do not despair if you go through one stumble after the other. Stay true to your goal and continue working hard until you reach it.
Ask for help.
The Philippines was once hailed as the texting capital of the world and is also currently the most social nation. Pia Wurtzbach knew this and sought the help of the whole country to get the votes that will allow her to win the crown. We all know that the fans can significantly influence a candidate’s chances to move forward in the semi-finals. She knew this and she acknowledged the aid that her countrymen can give her. The same should be true for you. If you are having a hard time, enlist the help of your family and friends. Sometimes having the support of your loved ones is enough to get you through the difficult phases of debt relief.
Do not buckle under pressure.
Finally, you need to keep yourself from buckling under pressure. Answering a question may seem like a simple thing to do. But if you only have 30 seconds and you are being watched by millions of people on live TV, that is a different story. The pressure is unlike anything that you will experience. Or so the candidates say. Despite this, the winners of the Miss Universe (even in the past) have all maintained their poise and remained calm under pressure. You need to emulate that. There will be a lot of times when you will feel the pressure of paying off the debt. There will be lifestyle sacrifices that you have to do. Maintain your calm despite all of these and you will feel more in control of the situation.
Follow these debt relief lessons so you can get out of debt easier than expected.