Which is to say, the speaker has acknowledged that the accounting shenanigans used to get this bill passed in the teeth of statutory spending constraints are basically bullsh**. But thereâs a lot of bullsh** going around Washington just now.
So then I tried the âlittle debtsâ approach. You knowâ¦ Pay off the smallest debt, then take the payment you were making on that and put it against the next debt. Thatâs often called the debt snowball, and the idea behind it is that seeing that âwinâ early is supposed to motivate you.
How to reduce your debt. Learn strategies that can help you pay down your debt faster. If you find that youâre paying down your debt each month, but your balance doesnât seem to budge, you may want to take a look at your payment strategy. Organize your debt. Not all types of debt affect your finances equally.