Week 38 Day 4 Action Items

Day 4

• [ ] Explore debt repayment strategies: snowball, avalanche, or a tailored approach.
• [ ] Outline a repayment plan considering your financial situation and goals.

Reflection Questions: After reviewing all your loans yesterday, did you notice if one of your obligations contained unfavorable loan terms or a higher interest?

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Prioritize Loans

Prioritize the repayment of your current loans and obligations. Now that you have all the information about each loan (terms, interest rates, etc), which loan would like to prioritize first? Second? List each one in order of importance.

• Mortgages
  • Type loan information
• Loans (Business loans)
  • Type loan information
  • Type loan information
• Credit Cards
  • Type loan information
  • Type loan information
  • Type loan information
• Other debt obligations
  • Type loan information
  • Type loan information