Career & Finance: Debt Management

Why do you want to do this?

So I can quit paying on my debt and start putting more money in my savings account.

What three things will you need to make this happen?

Stop new charges

Stop excessive spending so I can put more money into paying off the debt.

Come up with realistic schedule and time to pay off debt. Try and come up with my own payment plan and stick to it, i.e. $500 per month.

What is the biggest barrier to your achieving this?

There always seems to be something that comes up every month that I put money into instead of putting it into my debt. Also I don't leave enough spending money for myself so by the end of the month I'm using my credit card again.