The views expressed in Economy Matters are not necessarily those of the Federal Reserve Bank of Atlanta or the Federal Reserve System.

Editor's note: Throughout Economy Matters, "Southeast" refers to the six states that, in whole or in part, make up the Sixth Federal Reserve District: Alabama, Florida, Georgia, Louisiana, Mississippi, and Tennessee.

Financial Tips from the Atlanta Fed: Paying Down Debt

January 4, 2021

photo illustration of a pile of colored question mark-shaped blocks

Nota del editor: Este artículo también está disponible en español.

As we begin the new year, many households continue to face unprecedented financial challenges. Developing an attainable debt management or reduction plan can help relieve some of your anxiety. It’s important to evaluate all your options to ensure you can reach your goals in a reasonable timeframe and in the most cost-effective manner possible. These tips can help you prepare your plan.

The Atlanta Fed continues to provide COVID-19 related resources to help you during this time.