Debt 1 Debt 2 Debt 3 Debt 4 Debt 5 Debt 6 Debt 7

Jan.Jan.Jan.Jan.Feb.Feb.Feb.Feb.Mar.Mar.Mar.Mar.AprAprAprAprMayMayMayMayJunJunJunJunJulJulJulJulAugAugAugAugSepSepSepSepOctOctOctOctNovNovNovNovDecDecDecDecJanJanJanJanFebFebFebFebMarMarMarMarAprAprAprAprMayMayMayMayJunJunJunJunJulJulJulJulAugAugAugAugSepSepSepSepOctOctOctOctNovNovNovNovDecDecDecDecJanJanJanJanFebFebFebFebMarMarMarMarAprAprAprAprMayMayMayMayJunJunJunJunJulJulJulJulAugAugAugAugSepSepSepSepOctOctOctOctNovNovNovNovDecDecDecDec

Begin with the creditor you want to pay off first - it may be the highest interest rate or earliest pay-off date

After you have repaid the first creditor, add the amount of that monthly payment to your payment of the second creditor

(rolling over the paid off amount into the next loan payment is key!) Continue till all the loans are repaid!☺

(From the Booklet "One for the Money: Guide to Family Finance" by Elder Marvin J. Ashton)

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