How Fast Should You Pay Off Your Debt?

Unfortunately, there is no quick fix to eliminate debt. Not only does it take patience, time and diligence, but also a clear understanding of why we get ourselves into debt in the first place. Was it thinking we could pay down our debt, only to realize after our bills, we had nothing left over?

Determining how fast we can and should eliminate debt starts with a few simple steps.

Write It Down.
Understand Your Cash Flow.
Reduce Your Debt.
Avoid Future Debt.
Seek Professional Guidance.