63.9k views
13 votes
When paying off debts, you should _____.

1 Answer

9 votes

Answer:

Continue to make the minimum monthly payment on all of your debts while putting as much extra money as possible toward your smallest debt

Explanation:

Once that debt is paid off, put your extra money toward your next-smallest debt, and so on. The bigger you build your debt snowball, the closer you'll get to debt freedom

User Artem Aliev
by
8.1k points

No related questions found

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.