Clean Up Your Finances (Collection)

11. Putting Your Debt Management Plan into Action

Now that you know more about debts and how they can be managed intelligently, you can put together a plan to deal with your finances in the smartest way. You can get rid of your most troublesome loans while increasing your financial flexibility and building your long-term net worth.

We’ll assume at this point that you can pay more than the minimum on your bills (or you suspect you can do so once you’ve trimmed a few expenses). If you’re still struggling with your debts or being hounded by creditors, you need to go back a chapter and read about managing a debt crisis.

Once your crisis is resolved and you’re back on your feet, you can get started with your long-term plan.

This program has six steps: ...