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Concrete Steps Toward Getting Out of Debt (FOUNDATION #17)

Faith & Finance (formerly MoneyWise)

Christian talk radio with Rob West

January 9, 2023

At the start of the new year, many people feel motivated to get out of debt. To stay motivated, it is important to have a plan. This plan should be SMART (Specific, Measurable, Attainable, Realistic, and Timely). First, it is important to get a clear picture of where you are with your debt. Then, commit to not taking on more debt and create a clear plan to pay down your debt. This plan should focus on the lowest balance card first and keep a consistent payment amount. Finally, having an accountability partner can help you stay on track with your plan.

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