In my series on getting out of debt, I have outlined some steps to help you figure out how to pay down your debt and get back on track. The following is a visual summary of that process. While I hope this is a good starting place for you, it is only a starting place. There are many resources available if you need further assistance. I’ve listed a few at the end of this infographic.
Articles for more detail on each of these steps:
Step 1: Recognize the Problem
Step 2: Assess Your Situation
Step 3: Make a Plan
Step 4: Implement Your Plan
Step 5: Monitor and Adjust
Step 6: Rebuild
Other Resources:
- National Foundation for Credit Counseling
- Consumer Credit Counseling Services
- Dave Ramsey Money Makeover
- Get Out of Debt Guy
Photo used under Flickr Creative Commons.