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Debt: The Gift That Keeps On Giving (High-Interest Rates Included)

Oh, debt. It's just one of those pesky things that seem to follow us around like a bad smell. But when you add high-interest rates on top of it, it's like rubbing salt in the wound. Isn't life just grand?

Well, fear not, dear reader. There is a solution to this conundrum, and it's super simple: pay off the debt with the highest interest rate first. Groundbreaking, right? I mean, who would have thought that the debt that's costing you the most money is the one you should pay off first? It's just genius!

So, let's get started. Take a look at all your debts and make a list of the interest rates you're paying. Then, organize them from highest to lowest interest rate. Got it? Great! Now, focus on paying off that high-interest debt as fast as humanly possible.

One way to do this is to make larger payments on the high-interest debt while only paying the minimum on the others. It's like being on a see-saw, but instead of your weight, it's your financial burden that gets lifted.

Another option is to negotiate a lower interest rate or transfer the balance to a card with a lower rate. You know, because transferring one pile of debt to another pile of debt always seems like a great idea.

Just make sure not to take on new debt while you're trying to pay off your high-interest debt. It's like being trapped in a room with a monster and then heading towards the door with a "Welcome" sign to another monster-filled room. Why would anyone do that to themselves?
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Paying off high-interest debt is like being on a never-ending rollercoaster ride. But with the right focus and determination, you can conquer it like a hero (or heroine)! Remember, every payment you make towards your debt is one step closer to being debt-free. So, keep charging ahead, my friend. The finish line might seem far away, but it's there, waiting for you with open arms.
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  • Front Page
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  • News & Info
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  • 5-26-22 Front Page
  • 7-14-22 Front Page
  • 8-18-22 Front Page
  • Congratulations To Newly Appointed LA County Judge Pamela Dansby
  • 9-1-22 Front Page
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