Which debt should I pay off first?
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Hey there! Are you in the middle of paying off your debt and wonder which is the best debt to pay first? I am so proud of you! *high five* I’m here to show you how you can pay off all your debt very quickly with this no-fail method!
It’s sure is scary to have a mountain of debt. I remember the stress I felt every day when I was paying off my debt and the huge relief when I finally paid everything off.
It is totally worth every step and sacrifice you make.
The question readers ask me the most is which debt should I pay off first? The smallest debt or the debt with the highest interest rate?
I think you should take your smallest debt as the debt to pay first and not even look at the interest rate.
Before you start getting all worried about the high interest rates and that you will be paying more… let me explain my reasons and why I know you will be able to pay off your debt super fast!
When I found Dave Ramsey’s The Total Money Makeover, it totally changed how I managed a budget and helped me pay off all my debt in 8 months.
The Total Money Makeover: Classic Edition: A Proven Plan for Financial FitnessFinancial Peace Revisited: New Chapters on Marriage, Singles, Kids and FamiliesSmart Money Smart Kids: Raising the Next Generation to Win with Money
The highly successful way to pay off debt as outlined in this book is to pay off the smallest debt first, regardless of the interest rate.
I want you to experience the same dramatic change that comes about when you are debt free.
Paying the smallest debt first makes it super easy to pay off ALL your debt... Click the Read More button to see how.
- Paying Off Debt Series
Hi! I’m Charissa. I’m on a mission to help hardworking women overcome money struggles and gain financial peace with a Biblical perspective so they can have the freedom to impact their families and communities. Ready to make some changes that will impact your finances in 2020? Click here to get a free worksheet to help you make it happen!