One good thing about the pandemic? We’re spending less… which makes it a great time to develop and execute a plan to pay off some of that burdensome debt. In this online class I provide the 2 tools you need to develop a debt payoff plan – the budget and the net worth statement. With these you’ll 1) compile and prioritize your debts, 2) catalog all your assets and 3) develop a budget that shows how much you can apply to accelerate your debt paydown each month. We’ll review the worksheets then discuss paydown strategies including loans and retirement withdrawals (don’t do it!). You’ll walk away with a debt payoff plan and a set of financial tools you can use for a lifetime.
Bio: Vanessa Lowe has led a variety of personal finance workshops for more than 25 years including many at the Sisterspace Weekend. She's worked in community development finance for more than 20 years and has a passion for ideas that support financial health and security. You can hear her talk about these with interesting guests on her radio show, Vanessa's Money Hour. It airs on Germantown Community Radio, 92.9 FM, every Saturday at 1pm. Vanessa has a B.S. in Education from Temple University and an MBA from the Wharton School.