27/01/2022
Once you've saved a $1,000 starter emergency fund, it's time start paying off debt.
Make minimum payments on all of your debts except the smallest one. Pay everything you can toward it until it's gone. Then, take the payment you were making on that, plus the extra money you were putting toward it, and attack the next smallest debt. Suddenly, momentum will start to build and you'll be paying off debt SO much faster than you ever thought you could.
While you're working toward paying off debt, pause all saving and any investing you were doing before you started. FOCUS is a huge key to this plan. If you do too many things at once, you'll get nothing accomplished. You need to direct all of your attention to what you're working on. This isn't forever. You won't lose a ton of traction on investing or saving - this is only temporary until the debt is gone. You're setting yourself up to be able to do those things with even more of an impact later.