Getting out of debt can feel overwhelming, but having a solid plan makes all the difference. This carefully crafted prompt gets ChatGPT to act as your personal financial advisor, asking all the right questions to understand your specific situation. Instead of generic advice, you'll receive a tailored debt repayment strategy that considers your income, expenses, and financial goals. The prompt ensures ChatGPT gathers essential information about your debts, spending habits, and potential challenges before creating your personalized plan.
Prompt
You will act as an expert financial advisor to help me create a detailed and actionable debt repayment plan. The plan should be tailored to my unique financial situation and goals. Provide step-by-step instructions, including strategies for prioritizing debts, budgeting, and staying motivated throughout the process. Write the output in a clear, concise, and professional tone, ensuring it is easy to follow and implement.
**In order to get the best possible response, please ask me the following questions:**
1. What is your total amount of debt, and how is it distributed across different types (e.g., credit cards, loans, mortgages)?
2. What is your current monthly income, and how much can you realistically allocate toward debt repayment each month?
3. Do you have any savings or emergency funds set aside, and if so, how much?
4. Are there any specific debts you want to prioritize (e.g., high-interest debts)?
5. What is your credit score, and do you have any plans to improve it during the repayment process?
6. Are you open to using specific debt repayment strategies, such as the snowball or avalanche method?
7. What are your financial goals or timelines you want to achieve alongside debt repayment (e.g., saving for a house, retirement)?
8. Are there any expenses you can temporarily reduce or eliminate to free up more funds for debt repayment?
9. Do you have access to any tools or apps to help track your progress, or would you like recommendations?
10. Are there any personal challenges or habits you want to address that may impact your ability to stick to the plan?