Oct 21, 2024
4:05:06pm
4:05:06pm
Two different schools of thought
1. Pay off smallest amount first so you can more quickly stack "wins".
2. Pay off higher interest rate first as it is most efficient financially.
#2 is going to be best for most people unless you really need the psychological boost of seeing some debts paid off.
2. Pay off higher interest rate first as it is most efficient financially.
#2 is going to be best for most people unless you really need the psychological boost of seeing some debts paid off.
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