Which debt to pay off first?

Have you ever wondered which debt you should focus on paying off first? Should you put extra money towards your mortgage, your student loans, your car loan or your credit cards? What is the determining factor that can help you decide? What a lot of financial advisors suggest is paying off your debt in the order based off of interest rates, first paying off the one debt that is charging the most in interest. Although that is a logical approach in this video you learn a different determining factor that is based on cash flow.

► Link to - Debt Management: Cash Flow Optimization Spreadsheet: https://docs.google.com/spreadsheets/d/1NU7Enga5yW9NXwsux6XV2WEmTKDTItt8CN_aHEe9CSs/edit?usp=sharing

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DISCLAIMER: I (Laura Pitko) am not a financial advisor, therefore please consult with a competent professional prior to engaging in any financial strategies.

Видео Which debt to pay off first? канала Laura Pitko