nickelkeepers

Debt-Free checklist

16 steps from a list of debts to your last payment.

Track your progress with a free accountGet the free Debt Payoff Workbook

See it all

One evening, one page.

  • List every debt: balance, rate, minimum, due date Guide
  • Check your free credit reports for anything missing Guide
  • Set up automatic minimum payments on everything Guide
  • Stop adding new charges to cards you're paying off Guide

Make the plan

Pick a method and an extra amount.

  • Keep a small emergency fund Guide
  • Choose snowball or avalanche Guide
  • Find an extra monthly amount, even a small one Guide
  • Work out your debt-free date with the calculator Guide

Lower the cost

Phone calls and careful choices.

  • Call each card company and ask for a lower rate Guide
  • Ask about financial assistance on medical bills Guide
  • Compare a balance transfer or consolidation loan carefully Guide
  • Learn the red flags of debt relief scams Guide

Keep going

Month after month.

  • Color in your progress every month Guide
  • Roll each paid-off payment into the next debt Guide
  • Put windfalls toward the target debt Guide
  • Get free nonprofit help if you're stuck Guide