Financial problems or a lack of financial management are often caused by stressful circumstances. In fact, medical debt, divorce and unemployment are some of the leading causes of bankruptcy and it's not hard to understand why. As a nation, we're saving only one percent of our income ( source: Bureau of Economic Analysis ). In fact, we haven't saved less since the Great Depression. Experts say that not having an adequate savings cushion is what sends many families into financial crisis, making many feel like they have no financial management stronghold.

So what should you do if you find yourself needing financial management guidance to recover from financial set-back? The key is to remember that there are solutions to every problem and that all you need is a good plan for financial management.

Finally, don't forget to keep your perspective. Most people face financial difficulties at some time in their lives. It is important that you are able to think clearly about your situation and realize that it is only temporary. When the financial crisis is over, chalk it up to experience. Vow to be prepared for future financial glitches by saving a minimum of three months living expenses for emergencies.

For more about financial management, visit www.cccsswva.org. To schedule an appointment to speak with a trained financial advisor, consumers can call 866-260-5994.

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