Basic Make a list of your debts and creditors. Advanced Call your creditors to try and set up a hardship plan or to lower your interest rate. Help Alayna Out Based on what you learned in this lesson, what do you think she should do? Option Alayna Good Option Alayna...
Basic Identify two things you could cut from your budget in an emergency Advanced See if you can save money by bundling your insurance as well as TV, internet, etc. And explore other areas you could lower your costs. Help Alayna Out Based on what you learned in this...
Basic If you can, set up auto-payments to pay the minimum balance on each debt on time. We don’t want any late payments undoing all your hard work! Advanced Put whatever extra you can towards paying off Debt #1, no matter how small. All we’re aiming for here is...
Basic When was the last time you looked at your student loans? Review which type(s) you have, the different interest rates they may have, and understand when they are slated to be fully paid off based on what you’re about to pay or are already paying monthly. Keep...
Basic Use this PDF to fill in that second-to-last column and ask yourself: What debt do you have that may be considered good? What would more likely fall into the bad category? Save this list! You’ll be coming back to it shortly as we organize and prioritize your...
