Snowball your debt

The fastest way to become debt free is to snowball it.  Just like a little snowball rolling down the hill, by the time it gets to the bottom collecting snow it will be giant!  The most effective way to pay off your debt is to really focus on the smallest and work your way to the biggest.  As you pay off credit cards, loans etc, use that money to add to your next largest debt.  Soon you will be making HUGE payments towards your debt and you will get a feeling of making progress.  As you watch the number decline over time, when you are finally debt free (long winding road to get there) you will have quite a few dollars coming in that you won't even know what to do with!  It is an amazing feeling and I am halfway there.  I have a projected 16 more months to become debt free and when that day happens... everyone will hear!