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.
One way that some people go about paying off their auto debts is to pay off the loan balance with a credit card, then do a balance transfer of the loan to a 0% interest credit card. This way, the car loan is paid in full and they wonât have to pay an interest on the debt as they work to eliminate it.