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  2. Common debt payment roadblocks and how to tackle them - AOL

    www.aol.com/finance/common-debt-payment...

    The first step to paying off your debt is to evaluate your finances – what you’re spending, what you’re making and the nature of your debt (s). Your budget will inform you of what expenses ...

  3. Which debt should you pay off first? Five options to consider

    www.aol.com/finance/debt-pay-off-first-five...

    Option 1: The “high-interest first” strategy. Paying off high-interest debt first is commonly referred to as the avalanche method. This involves making the minimum monthly payments on all of ...

  4. How to pay off credit card debt - AOL

    www.aol.com/finance/pay-off-credit-card-debt...

    2. Test the snowball method. With the snowball method, you pay off your debts from smallest to largest. Getting a debt paid off in the shortest time possible is a good motivator that could help ...

  5. Facing a major financial setback when paying off debt - AOL

    www.aol.com/finance/facing-major-financial...

    Using financial tools such as a debt payoff calculator can also help you see how much you can adjust your debt repayments to cover an expense. You can also see how much debt will cost in time and ...

  6. Paying off debt in tough financial times - AOL

    www.aol.com/finance/paying-off-debt-tough...

    For example, a $1,000 credit card balance with a $25 minimum payment would take you 87 months – for over seven years – to pay off, costing you $1,172 in interest alone. Paying off your balance ...

  7. Pay Off Your Credit Card Debt With These 11 Steps - AOL

    www.aol.com/finance/pay-off-credit-card-debt...

    Here's your 11-step plan to tackling credit card debt this year. Pekic / Getty Images/iStockphoto. 1. Tally Up, Review and Analyze Your Debts. According to Howard Dvorkin, CPA and chairman of Debt ...

  8. How to stick to your debt repayment plan - AOL

    www.aol.com/finance/stick-debt-repayment-plan...

    3. Budget for everything. Staying in the habit of budgeting will help you stay with your debt repayment plan. Tracking your spending will help you have enough money to make your payments. When you ...

  9. How to use the debt avalanche payment strategy - AOL

    www.aol.com/finance/debt-avalanche-payment...

    How to use the debt avalanche method. You can get started with the debt avalanche method with a few simple steps. 1. List out your outstanding debts and set a budget. Consider all of the forms of ...

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