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Financial Fitness Training 3 Workbook 1, Section
Get Out of Debt— and Stay There!
What You’ll Learn: Page
A B
C
Financial Bondage from Buy Now, Pay Later..........46 Have You Got a Problem? .................................................... 47
Discover Your “DEBT-FREE DAY”
Using Your Creditor Summary Sheet.................................... 49
Options for Eliminating Debt:......................................... 54 1. Credit Counseling.............................................................55 2. Debt Rollup Plan ............................................................... 56 3. Power Payment Plan ......................................................... 58 4. Debt Management Options............................................... 59
a. Lump Sum
b. Reduced Payment
5. Bankruptcy—the Final Option...........................................61
Your Commitment...................................................................... 63 Homework................................................................................... 64 Sample Creditor Summary Sheet ................................................ 66
