This month focuses on taking control of all your debt and lowering it to one payment. If you're stuck paying credit card debt with interest rates north of 20%, look into consolidating and refinancing your debt.

Even Financial is a good resource -- they compare rates from several lenders and allow you to borrow up to $35K.

If you end up consolidating your debt, don't close your old credit card accounts! This could negatively impact your credit score, which takes the age of accounts into consideration.

Goal: knock down monthly payments by $100

Balance: $289