The good news is that debt and its effects can be managed. There are many excellent resources and experts available to help you attack debt in a variety of ways — such as tackling each debt obligation in sequence, budgeting to pay off all simultaneously, or using debt consolidation to simplify payments. Whichever approach is right for you, a great first step is debt awareness.
To help you gain awareness of your debt position, consider this small step.
Small Step: Document Your Debt
Calculating your total debt is a proactive, critical first step to overcoming it. Having it documented in one place can make debt feel more manageable. This interactive worksheet provided by Fidelity, our recordkeeping services provider, is an easy way to start. Enter your information before printing, and the worksheet will total balances and monthly payments for you.Get Worksheet