I left my parents' house a year ago and about a month in, I felt obligated to draft a financial plan to get out of debt. It was crazy to me seeing about $400 that was wrapped up in paying off debts and if I didn't have those debts, I could SAVE that money and be able to travel, buy higher quality things with a lower cost-per use (ex. cost more initially but will last 5-10 years or more and are worth repairing if they get damaged and re-selling when/if I get tired of them), use that money to make more money, have some leeway to have a kid, etc.    The technique I used to pay off my debts was focus on one at a time. I figured out which one would be quickest to pay off based on the interest rate and amount owed. Let's say I decided to pay $100 a month on that debt until it was paid off. The next quickest debt to pay off has a minimum payment of $40. Once the first debt was paid off, I would pay $140 toward the second. The third debt has a payment of $35. Once the second debt was paid, I would pay $175 a month on the third. Etc. By the time I've paid everything else off, I can pay $400 a month on my car and cut 5 years remaining to pay down to a year and a half.