If you have a ton of debt, it’s daunting, and for some people (idiots), they just ignore everything in hopes it’ll go away on its own. It won’t and it doesn’t. Here’s an actual sensible way to get out of debt.
A good way to manage debt? List your balances in order from smallest to largest.
Pay the smallest first.
This will give you motivation to tackle the rest, because when you knock off even a small chunk of debt, you’ll feel empowered by it.
When you feel in control, you’ll be more motivated to tackle the rest of your debt. If you have two debts of similar balances and aren’t sure which to pay off first, opt for the one with the highest interest rate.
Good luck and good saving!