8.4 DEBT PRIORITY PAY-OFF PLAN Use online Worksheet 8.4 to list and create a prioritized plan for paying off your credit card debts and loans.

List all debts from smallest to largest.
Use a credit card calculator to figure out how long it will take to pay off your smallest debt by making only minimum payments on your other cards and loans and aggressively paying off that lowest balance.
As soon as you pay off that debt, use the same tactic to work on the next smallest balance.
Cross off the debt when you pay it off.
Use a financial calculator to calculate how long it will take to pay off your credit card debt.
Debt Interest Rate Beginning Balance Current Balance Minimum Payment Current Payment Amount Payments to Zero Balance Date of Payoff