8. Concentrate on the Biggest Debts First
Having multiple debts can feel like swimming against a strong current; no matter how hard you try, you just don’t seem to get anywhere. This is because interest rates and penalties keep adding up, and until you really attack the principal of the debt, you won’t get anywhere. Combat this situation by aggressively paying down your biggest, highest-interest debt first. Once it’s out of the way, things will get a whole lot easier.
-thedailyeight
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