Paying Off Debt

􀀀 Look at all of your loans and calculate how much interest you paid: This year & Over the whole period of the loan

􀀀 Calculate your debt payoff timetable

􀀀 Determine the maximum amount of money you can contribute to your loans (debt payoff budget)

􀀀 Write down your debt payoff budget (follow the priority list in “What Debt Should I Pay Off First” slide)

􀀀 Monthly

􀀀 Annually

􀀀 Update your zero-based budgets