![](https://static.wixstatic.com/media/53cca2_c4c36e817cd2477dbb68d130dda09fe2f000.jpg/v1/fill/w_79,h_45,al_c,q_80,usm_0.66_1.00_0.01,blur_2,enc_avif,quality_auto/53cca2_c4c36e817cd2477dbb68d130dda09fe2f000.jpg)
![](https://static.wixstatic.com/media/53cca2_9cfe9632711140c18928ef4545ec5813~mv2.png/v1/fill/w_600,h_142,al_c,q_85,usm_0.66_1.00_0.01,enc_avif,quality_auto/53cca2_9cfe9632711140c18928ef4545ec5813~mv2.png)
Debt Management
Every great financial plan begins with creating a workable budget.
If you are saving for a dream car or paying off your home, establishing a budget is the first step in making your financial goals a reality.
It is important to set a strategic plan for paying down debt. From high interest rate debt to smaller accounts, aim to reduce your debt with a focus on paying off your mortgage.
Routinely monitoring your credit report is a helpful way to track finances and remove risk of fraud.
GOAL
Create a budget in an effort to reduce bad debt.
CHECKPOINTS
-
Budgeting
-
Good vs. bad debt
-
Mortgage
-
Credit report
Debt Management Resources
Financial Calculators
Information and interactive calculators are made available to you as self-help tools for your independent use and are not intended to provide investment advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
![Copy of Spectrum-Financial Resources.jpg](https://static.wixstatic.com/media/53cca2_d475f0e59ea540eb93e813fbc0e4df5b~mv2.jpg/v1/fill/w_147,h_43,al_c,q_80,usm_0.66_1.00_0.01,blur_2,enc_avif,quality_auto/53cca2_d475f0e59ea540eb93e813fbc0e4df5b~mv2.jpg)