2 Main Ways to Pay Down Debt: The Siege and the Assault

If you have debt, chances are that one of your financial goals is to get rid of it. Debt can be overwhelming, especially since you pay so much in interest that it reduces the effectiveness of your payments. As a result, it can become disheartening as you try to pay it all off.

A plan can help your efforts, though. When you have a plan to reduce your debt, you have a direction and a purpose. That can make a big difference. Map out what you want to accomplish, and as you follow your plan, you wi...