I have always considered myself to be a responsible person. In addition to that, I have never been the type of person who feels the need to buy expensive material things. While I like owning nice things and being able to provide my family with nice things, there is definitely a difference between nice and expensive things. For example, while I am content with a shirt that is made from a quality material and fits me well, there are a countless number of people who would never wear a shirt unless it possessed a logo from a specific brand (and as a result, would end up paying four to five times as much for their shirt as I did for mine).

Now, knowing those two traits about me, you would probably think that I was the type of person who never encountered any financial troubles. While I wish with all of my heart that this was true, it’s simply not the way that things have worked out for me. Living is something that is not cheap, and living when you have a family to take care of means that things are all the more expensive. While I wasn’t out maxing out my credit card on designer clothes, I did get overwhelmed with the financial responsibilities of covering all of the expenses for myself and my family (I’m a hard worker, but unfortunately, that doesn’t translate into as much monetary compensation as I feel I deserve).

As you can probably guess, this difficult financial period in my life ended up having a negative impact on my credit. I wish there was a way to avoid this issue, but that’s simply the way the world works, so I realized that I needed to face it head on. I may have given up if it was just myself that I was worried about, but when it comes to my family, there is nothing that I wouldn’t do to take care of them.

One of the most obvious things that I realized I needed to improve was my mortgage. Although I never missed a mortgage payment, I was paying so much in interest every month that I felt like I wasn’t actually putting enough equity into my home. Since a mortgage is the largest payment that I (and just about everyone else) makes every month, I decided this was the logical place to start on my path to improving me and my family’s financial status.

I was obviously quite worried that a bad credit home mortgage refinance would be impossible to secure, but I decided to just keep going until I got one. I was correct in assuming that it wasn’t easy to do, but I was also correct in assuming that if I didn’t give up, I would be able to secure a bad credit home mortgage refinance. I ended up obtaining a mortgage with much better terms, and it has played a major role in helping me rebuild not only my credit, but my overall view of personal finance.