Best Tactic to Payoff Debt

Pay off your debt, IWT style - I Will Teach You To Be Rich

has one of the best get-out-of-debt resources online. And its free.

He's the guy who was interviewed for

Real-World Blueprint for a $5-Million Week | The Blog of Author Tim Ferriss

Simple, payoff the smaller debts first & roll all those payments into the larger longer term debt/s until all the debts are paid.

Regardless of what you do, If you have a car payment that should one of the first things you payoff. If it's an expensive car sell it & buy a cheap car that will get you from point A to point B. Take that money from the higher car payment & roll it into other debt that you want payed off.

You can read all the guru blogs/books but they'll try to get you to spend more money on their products which defeats the purpose of paying down debt. It's not complicated, whittle away at smaller bills & keep working towards paying off the larger bills.

When I say payoff off smaller bills & roll that into larger bills I mean use the previous bill/s money to pay into the larger bill/s principle, not the larger bills regular payment. There's a HUGE difference, principle pays off the debt while regular payments pay into an interest rate.

If you have credit cards, cut them up & throw them in the trash.

If you don't have self control then none of this matters.

Debt free since 2009, no mortgage, no car payments.

File for bankruptcy.

Thank you - I've been reading the "but don't give her a card" and shaking my head.

You are AUTHORIZING her as someone who can USE your credit acct. At the very least - set an alert that will notify you every time something is charged to that acct.

That way you get dinged on your phone any time a charge is made to that acct - you can immediately log in and see what was purchased and where. Do that and if there is a problem you can catch it quickly.