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How do you pay back your debt?
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hinfarm
Posted 8/9/2011 19:23 (#1904746)
Subject: How do you pay back your debt?



Amherst WI
It looks like we are going to be in for a good year like last year. I am wondering how you pay back your loans when you have extra to pay towards them.

Do you pay the on the highest interest loans first irregardless of the balance?

Or

Do you pay the ones that have the lowest amounts on them so it looks like you are getting somewhere?

Or

Do you pay the one off that irritates you the most?


I know Dave Ramsey would say to smallest ones off first but I'd rather pay 2.9% instead of 6.75%.



















Edited by hinfarm 8/9/2011 19:24
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