Step 9
Do you pass the debt test?
Freedom from debt is an achievable goal for every family. The first step in regaining control is to take an honest look at your existing obligations. Take the following debt test to determine if you need a plan for payoff.
The Debt Test
A ‘yes’ to any of these questions is a sign that you may need to make debt payoff a priority.
The following worksheet can help you get an accurate picture of your obligations. Keep this worksheet handy, you will make a plan for payoff in a few days.
For more information, see PT Money's blog post with five great reasons to have less debt.