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  2. 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 ...

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

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

    Let’s say you take on $5,000 in credit card debt with an 18 percent APR and a minimum payment of 1% of the balance plus interest – a starting payment of $125.

  4. 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 ...

  5. Breaking the generational cycle of debt - AOL

    www.aol.com/finance/breaking-generational-cycle...

    Once you have a payment plan, you can use a debt payoff calculator to see when you can expect to pay off your loan. Having a timeline will give you a goal to work towards and remind you that there ...

  6. Debt snowball method - Wikipedia

    en.wikipedia.org/wiki/Debt_snowball_method

    The debt snowball method is a debt -reduction strategy, whereby one who owes on more than one account pays off the accounts starting with the smallest balances first, while paying the minimum payment on larger debts. Once the smallest debt is paid off, one proceeds to the next larger debt, and so forth, proceeding to the largest ones last. [1]

  7. 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 ...

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