Debt Stacking

Tackle your debt!

If the idea of paying off your debt seems overwhelming, consider debt stacking. Begin by making consistent payments on all of your debts.

Debt stacking allows you to make the same total monthly payment each month toward all of your debt and works best when you do not accrue any new debts. Begin making consistent payments on all your debts paying off one target account at a time. As each debt is paid off, you apply the amount you were paying toward that debt to the payment that you were making on the next target account. Continue this process until you have paid off all of your debts.

When you finish paying off your debts, you can apply the amount you were paying toward your debt toward creating wealth and financial independence!

Want to learn More How Money Works™ Concepts? Check these out.

The High Cost of Waiting

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Pay Yourself First

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The Rule of 72

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The Power of Compound Interest

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