7 STEPS IN

APPLIED
BUSINESS
ANALYTICS
Problem Identification:

Recognize that many individuals face credit card debt, leading to

financial stress and potential long-term financial problems.
Goals and Objectives Setting:
Establish goals like reducing credit card debt improving
financial literacy
promoting responsible credit card usage

Alternative Generation:
Propose potential solutions such as financial education programs
debt management counselling
debt consolidation plans
creating budgeting tools
encouraging responsible credit card usage through incentives.
Evaluation of Alternatives:
Assess the effectiveness accessibility, cost, and educational value of each solution.
Consider factors like user engagement, long-term financial impact, and ease of
implementation
 DATA VISUALIZATION
Count of Income_Category
12 CRED LIMIT IN TWO YEARS
25000
10
20000
8
15000
6
10000
4
5000
2
0
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29
0
$40K - $60K Less than $40K
Credit_Limit Year

Count of Card_Category
EDUCATION Category
12

10

High School Graduate Graduate College College College 2

College Graduate Graduate College College Graduate
Graduate College College High School High School Graduate 0
F
m
F
Graduate High School High School High School High School Graduate Blue Silver
Graduate College High School High School Graduate
Decision-Making:
Choose the most effective and feasible solutions based on the evaluation
considering input from financial experts
affected individuals
potential to alleviate credit card debt.

Implementation:
Implement the selected solutions
ensuring collaboration with financial institutions ,educational institutions
relevant organizations to provide the necessary resources and support.
CONCLUSION
Regularly monitor the progress of the implemented solutions
gather feedback from participants, and adjust strategies as needed to
achieve the goal of reducing credit card debt and promoting financial
health.