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Money Matters | How to Prioritize Your Debt

Learning how to prioritize your debt is a beginning step to formulating your debt payoff strategy. Having a plan to pay off your debt is the key to success. Having a plan (and sticking to it) will allow you to pay off your debts faster, easier, and with a lot less stress! The first step in setting up your payoff plan is to prioritize your debt. Do you know how much debt you have in total? Do you know how long it will take you to become debt free if you only pay the minimum balances? How about how much extra you'll pay in interest charges? These are essential facts that you need to know. You need to know them to stay in control of your finances, and to become the rockstar money managing … [Read More...]