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YMM2: The Most Effective Way to Reduce Your Debt (April 1, 2008)

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Host: Nancy Anderson, CFP®
Guest: Linda Robertson, CFP®

In this episode we looked at a plan for paying off your credit card debts by finding some extra money to pay more than the minimum monthly payment to your credit card with the highest interest rate. As each card is paid-off, take those payments and add it to the payment for the card with the next highest interest rate.

Resources:

For more information read: How to Get Out of Debt Sooner.

Please send comments and ideas for future topics to:
ymm@financialfinesse.com.


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