Many Canadians live with debt, whether from credit cards, student loans or auto financing. The Paying Down Debt infographic illustrates how paying off debt or minimizing credit balances can be approached in different ways.
Paying Down Debt
One of the first steps to financial soundness is managing debt.
The Paying Down Debt infographic illustrates both the Snowball approach and the Avalanche approach to managing debt. In addition, discover how consolidation loans work and why they can be helpful.
The infographic also suggests some best practices. Choosing the right strategy for paying down debt will depend on the amount of debt, as well as what it takes to stay motivated. It’s important to stay focused to achieve your debt payoff goals.
This infographic is included in FreshPlan software and is also available as a print-ready or web-ready piece.
Related debt and mortgage infographics:
Companion Calculator
Mortgage and Debt calculators help to manage debt as part of a holistic financial plan helping to ensure a healthy financial future. Companion calculators include:
Infographic Features
Communicate Complex Concepts
Financial Infographics are an effective way to take complex ideas, filled with data and facts and simplifying the story using with visuals. When clients and prospects gain insights quickly, the content is more memorable.
Current & Shareable
Manage your client communications with current and timely vibrant infographics to share on social media, via email, in meetings or mailings.
Personalized
Infographics are personalized with the advisor name, contact information and company logo.