Are you struggling with debt? Trust me, I know how that feels. I spent years spinning my wheels and not getting anywhere with my debt. After I got married, my husband and I got serious about making our debt a priority. In 1 ½ years, we’ve destroyed $30,000 of my student loan debt. In this post I’m going to share with you my top 5 tips to pay off debt fast. They’ve been working for me, and I’m sure they can work for you too!

5 Tips to Pay Off Debt Fast - These tips worked for me! I paid off $30,000 in 1.5 years! These tips are sure to help you too!

5 Tips to Pay Off Debt Fast

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1. Make your debt a priority

It’s not easy. There are so many directions that our money can go. Paying off debt isn’t fun. But life will be better once you get rid of your debt. You’ll have more money and you’ll be able to spend it on things that are more fun. But, you’ll be debt-free much sooner if you make your debt a priority.

This will look differently depending on your specific circumstances. For my family, each month we  pay our essential bills, and then we pay as much as we possibly can to our debts while leaving enough left over for our grocery budget and basic needs.

We live simply. We don’t buy expensive things. Sometimes we can’t do the things that our friends are doing. But we are committed to destroying our debt as soon as we can.

And someday, our debt will be gone and we’ll be able to spend our money on other things. We’re doing everything we can to make that day come as soon as possible.

Read more about my debt story here.

You can kill off your debt too. But you have to make it a priority.

2. Choose a debt payoff method and stick with it.

There are 2 main debt strategies: The Snowball Method and The Avalanche. You can find out more about these strategies in my post 2 Ways to Pay Off Debt: Which one is right for you?

I encourage you to really look into and consider both strategies.

If you’re married, talk it over with your spouse. Once you decide on the method that’s right for you, commit. Dedicate yourself to a plan, and stick to it.

3. Focus on one debt at a time.

For a long time we were making a big debt mistake that was holding us back from paying off our debt as fast as possible.

We were spreading our extra payments out between all of our debts. This seemed like that would help us pay off our debt faster, but it wasn’t.

Are you making the same debt mistake? Read more about it here.

4. Cut back on your expenses…

Then devote those savings to your debt!

There are so many ways to cut back on your everyday expenses. It takes some work and effort. Sometimes it takes sacrifice. But after a little while it becomes second nature.

Check out my beginner’s guide to cutting expenses for tons of ways that you can cut your expenses.

Here’s the important part though: Make sure the money you save actually goes toward your debt! Don’t spend it on other things. Send each dollar you save straight to your debt.

5. Challenge yourself to come in under budget…

Then, devote those savings to your debt!

So, it goes without saying that before you can do this one, you need to be able to stick to a budget. But once you’ve mastered that, keep going. Try to come in under budget. Cut back a little bit at a time. Read about ways to save money on food and groceries here.

Then, just like in tip number 4, make sure the money you save actually goes to your debt.


Being in debt is not fun. The best thing you can do is to pay it off as fast as possible. These tips are a great place start. You can do it!

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