Make a list of all debts showing remaining balances, minimum payments, interest rates, total monthly payments, and repayment term timeframes (if applicable). This overview of total money owed provides a baseline taking stock of the full situation.<\/p>\n

Tracking everything in one place better equips you to make progress. Like any big project, dividing intimidating goals into smaller actionable chunks minimizes feeling overwhelmed.<\/p>\n

Examples of debts to include:<\/em><\/p>