We are trying the Dave Ramsey plan and it's going very well. It's really motivating to pay off the smallest debt first (regardless of interest rate) so that you can see progress quickly, and then roll over that months payment into the next debt. We have started our emergency fund and have paid off one card already. We look forward to 6 months from now when we will be on our last card and working towards paying off our cars and Student Loans.
What a great feeling it will be when we can up and leave for a vacation and not have to worry about how we will pay the bills when we get home.
Have you struggled with paying off debt? What are some motivating things that help you stay on track?
