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: ...

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