• Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint
Share this Page URL
Help

Chapter 2. Your Debt Management Plan > Get Intimate with Your Debt

Get Intimate with Your Debt

You can get started right now with the first part of this step: knowing exactly what you owe. Dig out your credit card statements and loan paperwork so that you can list all your debts with the relevant details. You can use the form provided in Table 2.1 or a blank sheet of paper. If you're into such things, you can even create your own spreadsheet.

Table 2.1. Debt Repayment Worksheet
DebtLenderBalance OwedCredit LimitInterest RateFixed/VariableAdjustment DateDeductible?Minimum PaymentTypical PaymentPrepayment Penalty?
Mortgage 1          
Mortgage 2          
Home equity line of credit          
Home equity loan          
           
Student loan 1          
Student loan 2          
Student loan 3          
Student loan 4          
            
Credit card 1          
Credit card 2          
Credit card 3          
Credit card 4          
           
Auto loan 1          
Auto loan 2          
Auto loan 3          
           
Other vehicle loan          
           
401(k) loan          
           
Personal loan 1          
Personal loan 2          



PREVIEW

                                                                          

Not a subscriber?

Start A Free Trial


  
  • Creative Edge
  • Create BookmarkCreate Bookmark
  • Create Note or TagCreate Note or Tag
  • PrintPrint