Step 3 of 7 · Pay Off a Credit Card
Highest APR first, unless you will quit
Highest APR first, unless you will quit — step 3 of 7 in Pay Off a Credit Card. Avalanche: extra money to the highest APR card, minimums on the rest. When it dies, roll that whole payment onto the next highest APR.
Free personal finance tip: Highest APR first, unless you will quit (step 3 of 7 from "Pay Off a Credit Card").
Avalanche: extra money to the highest APR card, minimums on the rest. When it dies, roll that whole payment onto the next highest APR. Snowball: extra to the smallest balance instead, for the psychological win.
Write the order on the list and date it. Do not switch methods after a bad weekend. Switching is how both methods fail.
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