If you have made the decision to pay down debts, you may be wondering which debts to pay off first.  Randomly choosing debts to pay extra on each month may lengthen the time it takes to pay off your debts and cost you more money in interest.  Learning which debts to pay off first is one of the key elements in becoming debt free and learning how to manage your money more wisely.

For help in prioritizing debts and becoming debt free read, “Which Debt to Pay Off First.”

Image credit:  R/DV/RS