The Harvard Federal Credit Union recommends a nine-step process to manage debt stress: (1) Name your fear, (2) Know your numbers by listing debts, (3) Make a repayment plan using methods like snowball or avalanche, (4) Automate payments to reduce mental load, (5) Celebrate small wins, (6) Build a mini emergency fund, (7) Talk to a friend, relative, or financial counselor, (8) Practice self-compassion, and (9) Limit exposure to shame-triggering media.

Authors

• Person: Not available Organization: Harvard Federal Credit Union
  How Debt Stress Affects Your Health (And How a Debt Management ...

Sources

• How Debt Stress Affects Your Health (And How a Debt Management ... harvardfcu.org Harvard Federal Credit Union via serper

Referenced by nodes (1)

• debt stress concept