Debt is a four-letter word that can cause a lot of stress. Americans carry an average debt balance of $96,371, including credit card balances, car and student loans, mortgages, etc., according to ...
Create a debt payoff plan that outlines how much you expect to pay every month. You can also search online for a debt avalanche or debt snowball calculator that calculates your payoff plan.
Experts generally agree that the most basic rule of thumb when developing a long-term debt pay-off plan is to ask yourself a simple question: Which debt is costing you more? If you carry a balance ...