Get Out of Debt Faster
Practical strategies to help your family break free from debt and build financial security.
Debt Payoff Methods That Work
Getting out of debt requires a plan. These proven strategies can help you become debt-free faster, even on a tight budget.
Debt Snowball Method
Pay minimum payments on all debts, then put extra money toward your smallest debt. Once it's paid off, roll that payment to the next smallest debt.
Debt Avalanche Method
Focus on paying off the debt with the highest interest rate first, then move to the next highest. Saves the most money in interest.
Debt Consolidation
Combine multiple debts into a single loan with a lower interest rate to reduce payments and simplify repayment.
Debt Snowflaking
Apply small, unexpected windfalls (rebates, side hustle income, etc.) to debt immediately before you can spend it elsewhere.
Our calculator helps you compare different debt payoff methods and see which one will work best for your situation. Enter your debts and see how much time and money you can save.
Real Debt Payoff Success Stories
"We were drowning in credit card debt after medical bills piled up. Using the debt snowball method and cutting expenses, we paid off everything in 18 months."
"After law school, my student loans felt overwhelming. I lived on half my income and put everything else toward debt. It took 4 years, but I'm finally free."
"With three kids and one income, we thought we'd be in debt forever. By selling things we didn't need and finding creative ways to save, we paid everything off in 5 years."