Not only does debt eat up a good portion of your paycheck, with interest charges accumulating monthly, it takes up precious mental bandwidth as well.
Did I pay all the bills?
The website’s down, I’ll have to remember to pay this tomorrow morning before work.
How will I stretch this week's check to meet the minimum payments?
If you’ve ever had these thoughts, you’re not alone. You can choose to follow the Debt Snowball method (paying off smallest to largest debts which will give you motivational quick wins) or the Debt Avalanche (pay off the highest interest rate debt first to minimize interest paid), choose one and stick with it until you’re debt free. Use an online debt payoff calculator to make the math super-simple.