I’m sure you all have heard that the ostrich will bury its head in the sand when it senses danger. Because he cannot see any danger, he feels safe. However, little does he realize that his whole body is exposed to the danger. What a dumb animal we might say. However, before we judge the ostrich, let us look and see if we are suffering from “The Ostrich Syndrome”.
- Are you in debt?
- Are you avoiding creditors’ calls?
- Are you hiding from your creditors?
- Are you afraid to open your bills because you are afraid of what might be in them?
- Do you know how much debt you have?
If you answered yes to any of these questions, then you are experiencing “The Ostrich Syndrome”. You need to stop being an ostrich. Take the time to figure out how much debt you really have. The first thing you need to do is shred any old statements. You don’t even have to open them. Keep only your current statements. They will tell you exactly how much you currently owe. Now, that pile of bills doesn’t look as bad as it did before. Next, download the Debt Worksheet and the Debt Reduction Calculator, from our Resources Page. Then, use the spreadsheet to calculate your debt. Next, use the Debt Reduction Calculator spreadsheet to help you figure out how to paydown your debt. Also, create a budget. You can download a budget spreadsheet from our Resources Page. Stop avoiding your creditors. Work with them by telling them how much you can afford to pay based on your budget. Once you start doing this, you will eliminate “The Ostrich Syndrome” from your life.