Here are some simple organization techniques:
Set up files for each account: Use little manila folders and label them, one for each account.
Gather your latest statements. Paper statements are the best since people tend not to look at electronic statements as carefully. Review and file them.
Set up a spreadsheet or paper tracking system with a column for the following fields: balance, APR, payment date, minimum payment, amount paid, and expiration date of any intro APRs. Sum each column to get the total amount. Create a separate sheet for each month going forward. Here’s a link: debt-tracking-form.
Create a summary sheet with space for your total debt and total credit card spending at the end of each month.
Know your cash flow. Know your inbound vs. outbound cash flow. You can avoid late fees just by knowing your cash flow.
Once your finances are in order you will find peace and serenity within yourself because you will know that you are on track for getting out of debt.
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