Managing Debts

Managing Debts

Steps to Managing Debts

  1. Know who and how much you owe.
  2. Pay your bills on time each month.
  3. Create a monthly bill payment calendar.
  4. Make at least the minimum payment.
  5. Decide which debts to pay off first.
  6. Use an emergency fund to fall back on.
  7. Use a monthly budget to plan your expenses.
  8. Recognize the signs that you need help.