Paying Off Debt
Paying Off Debt
Use the slides above while watching the video below.
The Money Management Bible Checklist
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