People seem more concerned about money these days. A survey from Bankrate.com revealed 50% of workers tend to worry a lot about their finances. With the hullabaloo about the economy and insecurity, it’s no wonder people are concerned. Unfortunately most people don’t know where to turn to in these situations. They are unaware of the solutions available to them. Common causes of financial distress can include job loss, premature death, disability, divorce and of course poor financial management and over-spending.
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Yinka, a good friend of mine is a vivid example of what it means to be in financial distress. Three years ago, his business was doing very well. He bought two exotic cars, got married, moved into a bigger apartment, and was having the fun of his life. Suddenly, one of his key clients sued him. He lost hundreds of millions of naira in that lawsuit. Things went from bad to worse when his landlord gave him a quit notice. To add to his woes, his wife threatened to leave him because she could no longer cope with the financial hardship. He was down and out.
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He became very desperate. He was willing to do anything in a bid to get out of the financial quagmire. He met friends for help, but none was forth-coming. He went to financial advisors who gave him all sorts of conventional advice. None worked. He even went to meet prophets on Prayer Mountains in order to defeat invented evil forces he felt were behind his woes. His situation remained the same. .