Greetings, adventurers! We've traversed the jungles of income and budgeting, charted our course with goals, and now, in April, we face a formidable challenge – the mountain of debt. Fear not, for we shall equip you with the tools to conquer this peak and reach the sunlit plains of financial freedom!

Recap of Our Journey:

The past months have been a whirlwind of financial exploration:

• January: We unearthed the hidden treasure – our net income – and learned to track our expenses.
• February: We crafted our financial compass – a budget! We embraced the 50/30/20 rule to guide our spending and savings.
• March: We embarked on a treasure hunt, setting goals and crafting a financial plan for both short-term and long-term aspirations.

• Debt amount: List every debt, including loans, unpaid bills, credit cards, EMI purchases, etc. Note the exact amount owed for each.
• Repayment schedule: Understand your repayment deadlines and minimum payment requirements for each debt.
• Interest rates: Identify the interest rate for each debt. Remember, higher interest rates accrue faster, making these debts more pressing.

Remember your budget crafted in February? It's time to revisit it. Subtract your total expenses from your income. The remaining amount is your debt-fighting ammunition

Prioritising Your Targets – Choose Your Debt-Slaying Strategy

There's no one-size-fits-all approach to debt repayment. Here are some strategies to choose from:tv