Day 45 of 90 · STRENGTHEN · Week 7: Create Your Debt Strategy
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Common Approaches to Repayment
Learn the main methods without being sold one.
About 6 minutes
Learn
Two widely discussed approaches: paying the highest interest rate first, or paying the smallest balance first.
Highest-rate-first generally minimises total interest. Smallest-balance-first generally produces visible wins sooner.
Neither is universally correct. The best method is the one you will keep doing.
Do
Write one sentence describing each approach in your own words.
Think About It
Which approach matches how you actually stay motivated?
Optional — no answer needed to continue
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