Submitted by [deleted] t3_11edvv6 in personalfinance
harrisc42 t1_jadpjzh wrote
Dave is wrong, from a financial perspective. You sound like you're fully aware of the problem with your debt. So you should tackle it head on by paying off the highest interest debt first.
The only people who should follow Dave's approach are the very ignorant and/or financially immature people who are only motivated to keep paying off their debt by seeing one of their accounts go to zero and feeling good about it.
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