Yusra3
VIP Contributor
You’re probably feeling overwhelmed. You have debt, and you don’t know where to start.
We get it. But we’re here to help. Here are six steps that will get you started on your debt reduction journey:
1. Take inventory of your debt. What is it? How much is it? What kinds of payments do you make each month?
2. Figure out a plan. How much money can you really afford to pay off each month? What kind of strategy will help you reach those goals?
3. Set up a payment schedule. When should the payments be made? How often should they be made?
4. Make sure your creditors are aware of the changes in your life (such as a move or marriage): This is important so that they don’t try to keep charging interest on old balances from the past!
5. Stick with it! Don’t give up!
6. Make sure you have a plan for when things don't go according to plan (which will probably happen at least once).
We get it. But we’re here to help. Here are six steps that will get you started on your debt reduction journey:
1. Take inventory of your debt. What is it? How much is it? What kinds of payments do you make each month?
2. Figure out a plan. How much money can you really afford to pay off each month? What kind of strategy will help you reach those goals?
3. Set up a payment schedule. When should the payments be made? How often should they be made?
4. Make sure your creditors are aware of the changes in your life (such as a move or marriage): This is important so that they don’t try to keep charging interest on old balances from the past!
5. Stick with it! Don’t give up!
6. Make sure you have a plan for when things don't go according to plan (which will probably happen at least once).
