Quote:
Originally Posted by AGDee
It seems like all of those financial people say exactly the same thing. I haven't heard Ramsey say anything that Suze Ormann hasn't been saying for years. Don't use credit cards at all, pay as much as you can on them. Pay off the smallest first, then put the money you've been putting toward those small ones to the next one, etc. until they are all paid off. And, pay yourself first. It's all common sense stuff. It's easier said than done. You can choose to not give your kids $76 for high school yearbooks, but you can't tell them that you can't afford to pay for the ACT/SAT/PSAT or the Scholastic Art & Writing contest that they are entering. You can't NOT fix your broken car. I have paid off all of my debt many times over and then hit rough spots where it zooms back up again, like when you lose your child support and end up paying it instead. It will get paid off again, but not right now.
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*nod* I know making an emergency fund is supposed to also be a priority, but for example my tuition this semester wiped out all of my savings for moving out. There's just not always a win.