Some families have no idea.
If you ve never listed all of your debts and calculated the grand total, now s the time to do so. Instead, develop a plan that will put you on the road to being debt free. PowerPay , a computer software program, developed by Utah State University, can help you with a debt repayment plan. PowerPay will analyze your current debts and print out a calendar that shows you exactly when and how to make debt payments. When you make power payments, it means that as soon as one debt is totally repaid, the monthly payment for that loan is then applied to another debt.