Smashing Your Debt

Action Steps

1. Download the “SMASH Debt” Worksheet here.

2. Fill it out: highest interest rate first.

3. Target the debt with the highest interest rate first and pay as much as you can towards the balance.

4. Make the minimum payment on all your other debts.

5. Once the first debt is paid, use the money that you were paying on that target debt and add it to the minimum payment of the next highest debt.

6. Continue this plan until all your debt is paid off.

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