News

The Answer Isn't "As Much As Possible." It's a Specific Number."Pay as much as you can" is the standard advice for debt payoff. It's not wrong, but it's not useful. It doesn't tell you how much difference $50 extra makes vs. $200 extra. It doesn't tell you whether to split extra payments across debts or concentrate them. And it doesn't tell you the point at which extra payments stop making...