Re: Paying off Debts
I say pay the minimum on each but the one with the lowest balance pay as much as you can until it is paid off and then move to the next doing the same thing (A D. Ramsey idea and I love it) or start with the one with the highest interest
What I did was paid off 3 CC with the smallest amout owed (I wanted a sense of accomplishment) and then (now) I am tackling the one with the highest interest
Good luck
|