On one sheet, write down all your debt details. Start with the big, easy-to-remember ones and work your way down to the smaller ones. House loans, personal loans, credit card debt, education loans – basically every financial obligation that you intend to keep needs to go into this sheet. Against each item, write down the current outstanding amount, the rate of interest you are being charged, the frequency of your payments, and the payment amount. Add up the total level of debt and store it as a negative number.
