The key questions that are emphasized under this headline are:
ARE YOU IN A DEBT DITCH?
DO YOU HAVE SECRET DEBT OR OVERSPENDING BEHAVIOUR?

And the answer:
THEN IT'S TIME TO GO ON A 'DEBT DIET & RECOVERY PROGRAMME' WITH THE MONEY PSYCHOLOGIST!

This is one of the most extravagant ways to deal with the debts. In order to manage financial problems people do face thousands of obstacles and overcome difficulties, or some of them can do nothing. But according to Christine Thompson-Wells, Psychologist & Money-Management Expert, who is author of 39 Steps & 39 Days to Debt Recovery, presents a concept and a system for Managing Your Money (available on www.planet-press.biz & www.amazon.co.uk, £9.99 from 1st October 2008, Planet Press) and says the credit crunch could be a savings grace for people who are currently in a Debt Ditch and in need of sound recovery advice.

According to the SOURCEWIRE, 39 Steps & 39 Days to Debt Recovery provides help to ANYONE find solutions, FAST. "Once we take responsibility and give ourselves time to re-evaluate the whole situation we can see things in a clearer, less frightening light," advises Christine. "Keeping calm is important as it's our emotional state that interferes with our rational mind."

The core strategy is as follows:
• Face the reality FAST
• Create a plan and a system
• Make the commitment
• Use, motivation, change, goals, reviewing your plans, setting boundaries and identifying your values about yourself and money
• Find a Money Buddy you can trust
• Seek to change poor spending behaviours/attitudes'

The Money Psychologist' advises, "The credit crunch will stop many debts from increasing! Now's the time to use your mind in ways to support you and clear the debt. Take a serious look at why the debt incurred. Create a doable plan and keep focused on what it will be like to live debt-free. Mental denial of the problem will be more expensive in the long-term. Learning to say 'no' and identifying the difference between a want and a need is both enlightening and empowering!"

The same source SOURCEWIRE lists CHRISTINE'S TOP 7 TIPS:

1. Don't let debt get the better of you. Face it, and commit to working to reduce it and through the experience of letting go of poor spending habits. Fact is, if there is debt with your name on it, you own it.

2. Debt is only about material possessions. You really can do without certain things and can restart again if you need to.

3. Debt is a no-bar prison - often a self-imposed prison sentence - the stress of being in this type of prison will shorten your life span: do everything you can to get out of debt jail. Become proactive in your thinking and in all your actions.

4. Try to speak about your situation with a high calibre sound-minded, non- judgemental, competent confidante.

5. Make plans for a future without debt. Work with your mind: your subconscious mind is the best friend and money guru you will ever have. When treated with respect, it only works for your benefit and your survival. When treated with neglect it will work against you for as long as the neglect is applied.

6. If you are in a deep financial crisis, give yourself an imposed Time Out Break (without expense!) to de-stress, find perspective and to make plans. Keep a money journal/ledger recording every expense and outgoing - the daily cappuccinos, unused gym membership, the wrong mobile phone tariff for our actual use - all add up!

7. We aren't always directly responsible for the debt we find ourselves in. Life can hand out some severe lessons without our assistance. However, if your name is on the debt you have to take responsibility for it and get out of the Debt Ditch.


References:
http://www.sourcewire.com/releases/rel_display.php?relid=40909&hilite=