Debt Reduction Program
Apr
7
2008
The best way to get rid of debt is to pay it off. The best way I’ve found to pay it off faster is to round up your payments to a nice number. In my case, I round to the next hundreds place, but you could round to the next tens place or thousands place, depending on your situation.
To see the effects of paying more than the minimum amount each month, try the loan acceleration calculator, which I added to this site this past weekend.
“Whoever forces you to go one mile, go with him two.”
– Matthew 5:41
This little article thingy was written by Some Guy sometime around 9:33 pm and has been carefully placed in the Finance category.