Managing Debt
Managing Debt
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Make a list of every balance, interest rate, and minimum payment.
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Focus extra money on high-interest debt first if saving interest is your top goal.
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Pay off smaller balances first if motivation helps you stay consistent.
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Choose the debt payoff method you can actually follow.
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Avoid moving debt around without reducing it.
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Balance transfers can help if the fee and timeline make sense.
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Know when a promotional APR ends.
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Stop using a card while you are paying down its balance.
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Use extra income, bonuses, or refunds to reduce debt faster.
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Celebrate progress, but keep the plan moving.
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