In my most recent column, I provided advice for your tax refund. One idea that I touched on was using that money to help pay off any outstanding debt that you may be working to pay off.
Paying off your outstanding debt is an important and worthy goal, and its something that I wanted to expand upon. With that in mind, heres some advice to help you be more efficient when tackling your debt.
The first thing you should do is organize your debt based on the source and the rate youre being charged. If the extent of your debt is simply your mortgage, this is a quick task. If, however, you have multiple types of debt (e.g., i…