FASTEST WAY TO GET OUT OF DEBT

JL Collins explains that paying off debt is about prioritisation. He says to list all your debts, continue paying the minimum on most of them, and aggressively attack the one with the highest interest rate first. That debt costs you the most, so clearing it gives the biggest return. Once it’s gone, you repeat the process with the next highest interest debt until you are free. Are you paying down debt strategically or emotionally? #podcast #money #debt #finances