Adullam Life Counselling is a non-profit organisation in Singapore that provides practical counselling and support to individuals and families struggling with debt.
The organisation was founded in 2013 to help those burdened with debt from licensed and unlicensed moneylenders. Adullam Life Counselling’s mission is to empower individuals with the knowledge and tools they need to overcome their financial challenges and achieve financial stability.
Debt can have a significant impact on individuals, causing stress, anxiety, and even depression. Adullam Life Counselling recognises the emotional toll that debt can take on individuals and provides a safe space for them to share their struggles and receive support. The organisation’s team of experienced counsellors offers practical advice on debt management, budgeting, and financial planning, as well as emotional support to help individuals navigate their financial challenges.
Key Takeaways
- Adullam Life Counselling is a non-profit organisation in Singapore that provides practical counselling and support to individuals and families struggling with debt.
- Debt can have a significant impact on individuals, causing stress, anxiety, and even depression. Adullam Life Counselling recognises the emotional toll that debt can take on individuals and provides a safe space for them to share their struggles and receive support.
- Adullam Life Counselling’s team of experienced counsellors offers practical advice on debt management, budgeting, and financial planning, as well as emotional support to help individuals navigate their financial challenges.
Understanding Adullam Life Counselling
If you are facing debt issues and need support and practical help, Adullam Life Counselling is a non-profit society that can help you. The organization is based in Singapore and offers a range of services to the community without any racial or religious bias. In this section, we will explore the mission and vision of Adullam Life Counselling and the services it offers.
Mission and Vision
Adullam Life Counselling’s mission is to provide counselling and support to individuals and families facing debt issues. The organization is committed to serving the community in a non-judgmental and compassionate manner. Adullam Life Counselling aims to empower individuals and families to overcome their financial difficulties and lead a life free from debt.
The vision of Adullam Life Counselling is to create a community where everyone has access to the resources and support they need to overcome their debt issues. The organization believes that everyone deserves a second chance and is committed to helping individuals and families rebuild their lives.
Services Offered
Adullam Life Counselling offers a range of services to individuals and families facing debt issues. These services include debt counselling, financial education, and practical help. The organization’s debt counselling service is designed to help individuals and families understand their debt situation and develop a plan to manage their finances. The financial education service provides individuals and families with the knowledge and skills they need to make informed financial decisions. The practical help service offers individuals and families access to resources and support, such as food vouchers and job training.
Adullam Life Counselling’s services are provided by a team of trained professionals who are committed to helping individuals and families overcome their debt issues. The organization’s team of counsellors is non-judgmental and compassionate, and they work with individuals and families to develop a plan that is tailored to their specific needs.
In summary, Adullam Life Counselling is a non-profit organization that provides counselling and support to individuals and families facing debt issues. The organization’s mission is to empower individuals and families to overcome their financial difficulties and lead a life free from debt. Adullam Life Counselling offers a range of services, including debt counselling, financial education, and practical help, to help individuals and families rebuild their lives.
Adullam Life Counselling: The Impact of Debt on Individuals
Debt troubles can have a significant impact on individuals, affecting them both psychologically and socially. It can lead to feelings of anxiety, stress, and depression. It can also have a negative impact on relationships with family members and friends.
Psychological Effects
Debt issues can be a significant source of stress and anxiety, leading to feelings of helplessness and hopelessness. It can also lead to depression, which can affect an individual’s ability to function in their daily life. Gambling is one of the most common causes of debt problems, and it can have a significant impact on an individual’s mental health. It can lead to feelings of guilt, shame, and embarrassment, which can exacerbate the psychological effects of debt.
Social Implications
Debt troubles can also have social implications, affecting an individual’s relationships with family members, friends, and colleagues. It can lead to feelings of isolation and shame, which can make it difficult for individuals to seek help. Family members can also be affected by debt problems, as it can lead to financial strain and tension within the household. It can also impact an individual’s ability to maintain a good credit rating, which can have long-term implications for their financial and social well-being.
In conclusion, debt problems can have a significant impact on an individual’s mental health and social well-being. It is important to seek help if you are struggling with debt issues, as there are resources available to help you overcome these challenges. Adullam Life Counselling in Singapore provides practical counselling and support to help you get out of debt and improve your financial well-being.
Adullam Life Counselling: Navigating Financial Challenges in Singapore
If you’re facing financial difficulties in Singapore, you’re not alone. Many people find themselves struggling to make ends meet, especially in times of economic uncertainty. Fortunately, there are resources available to help you navigate these challenges and get back on track.
Role of Moneylenders
Moneylenders can be a valuable resource for those who need to borrow money. However, it’s important to be aware of the risks involved. Unlicensed moneylenders, also known as loan sharks, can charge exorbitant interest rates and use aggressive tactics to collect debts. This can lead to a cycle of debt that is difficult to break free from.
To protect consumers, the Monetary Authority of Singapore (MAS) regulates the moneylending industry. Licensed moneylenders are required to adhere to strict guidelines regarding interest rates, fees, and debt collection practices. Before borrowing money, it’s important to check that the lender is licensed by the MAS.
Monetary Authority of Singapore Regulations
The MAS has implemented regulations to protect consumers from predatory lending practices. For example, licensed moneylenders are not allowed to charge more than 4% interest per month on loans. They are also not allowed to charge more than S$60 per month in late fees.
Additionally, the MAS has set limits on the amount of money that can be borrowed from moneylenders. For individuals with an annual income of less than S$20,000, the maximum loan amount is S$3,000.
The maximum loan amount is two months with an annual income of between S$20,000 and S$30,000. For those with an annual income of more than S$30,000, the maximum loan amount is four months’ income.
Alternatives to Loans
While borrowing money can be a helpful solution in some situations, it’s not always the best option. There are alternatives to loans that can help you manage your finances without taking on additional debt.
One option is to seek the help of a financial counsellor, such as Adullam Life Counselling. These organisations can provide practical counselling and support to help you get out of debt and manage your finances more effectively.
Another option is to explore investment opportunities that can help you grow your wealth over time. However, it’s important to be aware of the risks involved and to seek professional advice before making any investment decisions.
By understanding the role of moneylenders, the regulations put in place by the MAS, and the alternatives to loans, you can navigate financial challenges in Singapore with confidence.
Adullam Life Counselling: Support Systems for Debt Management
If you are struggling with debt, it is important to know that you are not alone. Adullam Life Counselling provides practical counselling and support to help you get out of debt. Here are some support systems that can help you manage your debt.
Adullam Life Counselling Approach
Adullam Life Counselling takes a holistic approach to debt management. They provide individual and group counselling services that help you identify the root causes of your debt and develop strategies to manage it. Their counsellors work with you to create a personalised plan that takes into account your income, expenses, and creditors.
Community Resources
There are many community resources available to help you manage your debt. Social service agencies such as Adullam Life Counselling, AMP Singapore, and Arise2Care can provide you with information on debt management, financial counselling, and other resources that can help you get back on track. These agencies can also act as intermediaries between you and your creditors, helping you negotiate repayment plans and other arrangements.
Creating a Repayment Plan
Creating a repayment plan is an important step in managing your debt. Adullam Life Counselling can help you create a plan that takes into account your income, expenses, and creditors. They can also help you negotiate with your creditors to reduce your interest rates or set up a payment plan that works for you. It is important to stick to your repayment plan and make regular payments to your creditors.
Remember, managing your debt takes time and effort. Seek help from community resources such as Adullam Life Counselling to develop a plan that works for you. With the right support and resources, you can take control of your debt and achieve financial stability.
Adullam Life Counselling: Preventative Measures and Education
Adullam Life Counselling believes that prevention is better than cure. Therefore, they offer various preventative measures and education programs to the public to raise awareness and help people avoid falling into debt traps.
Awareness and Outreach
One of the ways Adullam Life Counselling raises awareness is through their website. The website provides information on the dangers of excessive borrowing, how to avoid debt traps, and how to seek help if you are already in debt. The website also has a section that answers frequently asked questions about debt and credit counselling in Singapore.
In addition to their website, Adullam Life Counselling collaborates with social service agencies such as Arise2Care and Credit Counselling Singapore to conduct outreach programs. These programs are designed to educate the public on the dangers of excessive borrowing and how to manage their finances better.
Collaboration with Social Service Agencies
Adullam Life Counselling works closely with social service agencies to provide holistic support to individuals and families who are in debt. They collaborate with these agencies to provide financial education, counselling, and support to help clients manage their debt and improve their financial situation.
By working together, Adullam Life Counselling and these agencies can provide a more comprehensive range of services to clients. This collaboration ensures that clients receive the best possible care and support to help them overcome their financial challenges.
In conclusion, Adullam Life Counselling is committed to helping individuals and families avoid falling into debt traps. They do this by providing education and outreach programs, collaborating with social service agencies, and offering a range of services to help clients manage their debt and improve their financial situation.
Adullam Life Counselling: Testimonials and Success Stories
Are you struggling with debt and don’t know where to turn? Adullam Life Counselling in Singapore has helped countless individuals and families overcome their financial struggles and achieve a debt-free life. Here are just a few testimonials and success stories from our clients:
- “I was drowning in debt and didn’t know where to turn. Adullam Life Counselling helped me get back on my feet and create a plan to pay off my debts. I am now debt-free and couldn’t be happier.” – John, former client.
- “I was hesitant to seek help, but Adullam Life Counselling provided a supportive and non-judgmental environment. They helped me work through my debt and provided me the tools to manage my finances moving forward.” – Sarah, former client.
- “Adullam Life Counselling not only helped me but also my family. They provided support and resources for my loved ones to help them understand and cope with my debt struggles. I couldn’t have done it without them,” said Michael, a former client.
Our success stories are a testament to the effectiveness of our counselling services. We offer a supportive and non-judgmental environment where you can seek help and work towards a debt-free life. Join our support group and take the first step towards financial freedom.
Getting Involved with Adullam Life Counselling
Are you interested in contributing to the community and making a difference in the lives of those struggling with debt? They offers various opportunities for you to get involved and support their services.
Volunteer Opportunities
Adullam Life Counselling welcomes volunteers who are passionate about helping others. As a volunteer, you can assist in various areas such as fundraising, event planning, and outreach programmes. You can also help in administrative tasks, counselling, and mentoring.
Volunteering with them is an excellent way to gain new skills, meet like-minded people, and give back to the community. You can complete the volunteer application form on their website if you are interested in volunteering.
Donation and Support
It relies on donations and support from the community to continue providing their services. Your contribution can go a long way in helping those needing debt counselling and support.
You can make a one-time or recurring donation through their website. Adullam Life Counselling also accepts donations of goods and services, such as office supplies, counselling resources, and event space.
If you cannot donate, you can still support them by spreading the word about their services. Share their website and social media pages with your friends and family, or attend one of their fundraising events.
By getting involved with them, you can positively impact the lives of those struggling with debt. Whether you volunteer or donate, your contribution will help provide essential support and services to the community.
Adullam Life Counselling: Contact Information and Next Steps
If you are seeking help with debt and financial issues in Singapore, Adullam Life Counselling is here to support you. You can contact us through our website at adullam.org.sg/contact to schedule an appointment or learn more about our services.
Our non-profit organisation provides practical help and support for individuals, couples, and families facing debt issues. We are a Christian-based organisation but pledge to serve the community without racial or religious bias. Our experienced counsellors are dedicated to helping you navigate your financial crisis with compassion and understanding.
When you contact us, we will provide you with the information you need to start your journey towards financial freedom. We offer financial mediation and counselling to those who are heavily in debt, as well as their family members who suffer due to debt-related issues.
Our services are tailored to meet your specific needs, and we will work with you to develop a personalised plan to help you achieve your financial goals. We understand that dealing with debt can be overwhelming, but we are here to help you every step of the way.
Don’t let debt control your life any longer. Contact Adullam Life Counselling today to take the first step towards a brighter financial future.
Frequently Asked Questions
What can you expect from a session at Adullam Life Counselling?
You can expect a safe and non-judgmental space to discuss your financial concerns at Adullam Life Counselling. The counsellors are trained to listen and provide practical guidance to help you get out of debt. They will assess your financial situation and work with you to create a customized plan to manage your debt and improve your economic well-being.
How have others rated their experience with Adullam Life Counselling?
It has received positive reviews from clients who have used its services. Many have praised the counsellors for their professionalism, empathy, and effectiveness in helping them manage their debt. You can find reviews on their website and social media pages.
Where can you find Adullam Life Counselling’s premises in Singapore?
It is at Manhattan House, 151 Chin Swee Road, #12-01, Singapore 169876. The building is easily accessible by public transportation, with several bus stops and MRT stations nearby.
What unique approaches does Adullam Life Counselling offer for financial guidance?
It offers a holistic approach to financial guidance, which includes counselling, credit education, and support groups. They also provide debt management plans and negotiate with creditors on behalf of their clients. Their goal is to empower individuals to take control of their finances and improve their financial well-being.
Is there a community on Reddit discussing their experiences with Adullam Life Counselling?
At the time of writing, there is no community on Reddit specifically discussing their experiences with Adullam Life Counselling. However, you can find reviews and testimonials on their website and social media pages.
Who is Mr Wong, and how is he associated with Adullam Life Counselling?
Mr Wong Kee Soon is the chairman of Adullam Life Counselling. He has a personal history of dealing with loanshark harassment and has since dedicated himself to helping others in similar situations. He is a licensed debt counsellor and has helped many individuals and families get out of debt and improve their financial well-being.
