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Debt stacking.

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By taking into account the interest rate

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and the amount of debt,

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debt stacking identifies an ideal order

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for you to pay off your debts.

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You began on making consistent payments
on all of your debts.

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The debt that debt stacking
suggests that you pay off first

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is called your target account.

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When you pay off the target account,
you roll that payment

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into the payment you are making
on your next target account.

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As each debt is paid off,

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you apply the amount you're paying
to that debt

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to the payment you are making
on the next target account.

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Debt stacking allows you to make
the same total monthly payment each month

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toward all of your debts

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and works best
when you do not accrue any new debts.

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You continue this process

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until you've paid off all your debts,

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and when you finish paying off your debts,
you can apply that amount

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toward creating wealth
and financial independence.