Pay off high-interest debt

Pay down your high-interest debt as quickly as possible. 

While some types of low-interest or tax-deductible debt can help you along the way, high-interest debt rarely has a good purpose.

Interest Rates: Comprehend how interest affects loans and credit cards

Credit Score: Learn how financial behaviour impacts your credit history

Avoiding Debt: Practice responsible spending to avoid unnecessary debt.

There are a couple of paths you can take to pay off your high-interest debt when you're on a tight budget.

• The snowball method. For those who need to see progress, pay off the lowest balance first. You'll feel inspired to keep going.
• The avalanche me...