How to Get Out of Debt: Summary

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How to Get Out of Debt: Summary

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.

Get out of debt 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:

Photo used under Flickr Creative Commons.

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Wealth Manager

Austin Fey is a Wealth Manager at Marotta Wealth Management, specializing in charitable giving and asset allocations. She is a regular contributor to our Marotta On Money articles, often giving advice to those just getting started in finance.