Jan and Bill Smith need help developing a financial plan creating a budget exami

Jan and Bill Smith need help developing a financial plan creating a budget examining their current financial services and managing their use of credit. They have $5000 in credit card debt toward which they pay $200 a month a $400 monthly car payment and a $1000 monthly mortgage payment. They have less than $4000 in savings. Their annual household is $60000 a year. They are considering buying a second new car since one car is older but paid off. They are also deliberating whether to sell their house and buy another one but they have not made any decisions yet. They also know they need to reduce their credit card debt create a plan for saving and develop an overall financial plan.