LibGuides: Research Personal Finance: Get Out of Debt

Tips for Getting Out of Debt

There are two major philosophies for the best way to pay your debt off

Once one debt is paid off you are able to gain momentum to paying rest off
This way you are able to take the payments you were making from the first debt and target it to the next
This creates a reward system and helps people feel good about what they are doing

How much do you owe?
360 Degrees of Financial literacy is a national volunteer effort of the nation’s Certified Public Accountants to help Americans understand their personal finances and develop money management skills
Should I invest my extra cash or use it to pay off debt?
360 Degrees of Financial literacy is a national volunteer effort of the nation’s Certified Public Accountants to help Americans understand their personal finances and develop money management skills.
Accelerated Debt Payoff
360 Degrees of Financial literacy is a national volunteer effort of the nation’s Certified Public Accountants to help Americans understand their personal finances and develop money management skills.
Powerpay.org
PowerPay will give you the tools to develop a personalized, self-directed debt elimination plan. Discover how quickly you can become debt free, and how much you can save in interest costs by following your debt reduction plan. Utah State University Extension is pleased to provide this debt management tool without any cost to consumers worldwide.