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Six Smart Ways to Pay Off Debt Faster

The Snowball Effect: Escaping High Interest

The Snowball Effect: Escaping High Interest

To use this strategy you start by paying the minimum amount on all but your highest interest credit card. Then use every extra cent you can find to pay the greatest amount you can on your highest interest credit card. When you get that card paid off then continue paying the minimum amount you were paying on your second highest credit card plus the larger amount you were paying on the highest interest credit card.

Six Smart Ways to Pay Off Debt Faster

Six Smart Ways to Pay Off DebtThe Round Robin PlanMinimize a Mortgage MessRetire with a Clean SlateMake Wise Windfall MovesThe Snowball Effect: Escaping High InterestPersonal Loan Unpaid?Beware of Unnecessary Insurance
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