Why Prioritize?
• It is important to consider prioritizing debt so that you know exactly what your debts are.
• By paying smaller installments to larger debts and putting smaller debts to the side, you are actually putting yourself in a worse position.
• Consider paying off smaller debts first before attacking larger debts shares Jameson Van Houten.
Paying Smaller Debts First
• If you pay of smaller debts first, you can get those off of your plate.
• You can then apply the amount that you were paying to the smaller debts to larger debts to pay them off faster!
• Budgets and having a financial plan will help you to achieve your goals!
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