Which is to say, the speaker has acknowledged that the accounting shenanigans used to get this bill passed in the teeth of statutory spending constraints are basically bullsh**. But thereâs a lot of bullsh** going around Washington just now.
So then I tried the âlittle debtsâ approach. You knowâ¦ Pay off the smallest debt, then take the payment you were making on that and put it against the next debt. Thatâs often called the debt snowball, and the idea behind it is that seeing that âwinâ early is supposed to motivate you.
1 End overspending â Do what it takes to end overspending otherwise you will just repeat the debt cycle. 2  Raise your income or lower your expenses â or both! 3  Use the Debt Calculator â The calculator will show how long it will take to get out of debt, revealing the progress youâre making in your payments.tep 3: Pay Down The Debt. Itâs time to pay off all your debt in the most reliable, efficient way possible. This step is broken into three sub-steps to make it easy to complete: 1  Stop the bleeding â Organize your debts to figure out how to reduce fees and expenses.