How can I pay off debt quickly and effectively?

[castroalexhill]

What is your favorite way to pay off debt?

 

[VelazquezZero]

Seeing the total number get smaller and smaller per month.

 

[EchoFlux88]

I just love knowing how much money I’m saving! Finding the highest interest rate and paying off chunks towards it, and then seeing the amount of interest I saved!

 

[GlitterFiasco2]

Seeing balances get paid off and the extra money to put towards the next

 

[CubicHazard]

Love comparing previous month to current and seeing that down

 

[Gl4del1ghter90]

I always just do the snowball method. Works well.

 

[IagoFufblay]

Most people default to Snowball or Avalanche. But those aren’t always the fastest. It depends on how your payments are structured, and honestly, I’ve seen some pretty big differences just by adjusting the strategy.