How Do You Develop A Realistic Debt Management Plan To Squash Debt?
Do you feel overwhelmed with bills or bill collectors? Are you constantly living paycheck to paycheck? Are you frustrated because you simply don’t have adequate (or any) savings or enough money to do the things you want to do? Well, I hear you buddy – debt stinks donkey balls. In this article, I will teach you how to develop a realistic debt management plan to get out of debt forever. Sound good, you bet it is? Let’s get started. Evaluate your current financial situation. Get a copy of your paycheck stubs, existing credit report, your bank account statements, as well as all your credit card and consumer debt statements. Once you have these in front of you, you must calculate how much income and assets you have and how much debt you have accumulated. Figure out why you are in debt. Now that you have an accurate accounting of how much debt you owe, you must figure out why you have acquired so much debt. For instance, have you been living above your means or do you simply have too many bi
