Episode 111: Get Out of Debt - Part 1

Most people have found themselves dealing with too much debt as some time in their lives.  Others live in perpetual debt.  It isn't a good feeling when those debt payments seem endless.  This three-part series will give you some ideas on how to get out of debt, and stay out of debt. Key takeaways: Start an emergency fund so that emergencies don't catch you by surprise List out your debts and pay off the smallest one first while paying the minimums on other debt Once you pay off the smallest debt, take that payment and apply it to the next debt Determine how much you can pay towards debt per month and stick with it