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In This Economy?!: Budgeting for Inflation

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Paying Off Debt - Part Budgeting Advice, Part Therapy

Some experts advise to pay off the highest interest debt first, but Singletary takes a different approach. He lists all your debts from the smallest to the largest, ignoring the interest rates. Once that person gets rid of that one, there is like an aha moment, he says. And they end up actually paying less than interest had they started the one with the highest interest rate.

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