Tackling Newly Acquired Debt
If you have newly acquired debt, here are some suggestions on how to tackle them without getting overwhelmed:
- Take a breather and remember that things happen all the time, you're not alone.
- Review all credit card statements and other potential bills, list them down cohesively (due dates, amounts, creditors) on a notebook or an excel sheet.
- It is recommended to tackle high-interest accounts first, but you can also take inventory of what works best for you.
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