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Personal Finance > Credit & Debt
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SUBSCRIBER EXCLUSIVE
Step 2: Set achievable goals
The Chatzky Program: Go one step at a time.
May 26, 2004: 1:31 PM EDT
By Jean Chatzky, MONEY Magazine. Additional reporting by Carolyn Bigda

NEW YORK (MONEY Magazine) - Over the past three years, Debi and Richard have racked up some $10,000 in credit-card debt. The part-time bank teller and her husband earn a nice living, and they can't put their finger on one single item that set them back.

Chatzky
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"We don't really have anything to show for it," says Debi. She wants to get out of debt so that she and her husband can start socking away enough to retire comfortably.

The question is, how? How do you pay back $10,000? The answer is: you don't.

Getting getting out of debt is doable, and in this nine-part series, we'll tell you how to do it.

Step 2: Continued...  Top of page




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Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2012 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2012 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2012. All rights reserved. Most stock quote data provided by BATS.