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Simple trick to pay off debt faster
I use this method once the smallest balance is paid off, start putting that extra money toward the next smallest debt until you pay that one off, and so on. Over time, your small balances should disappear one by one, freeing up more dollars to throw at your larger debts and loans.
What Is the Best Way to Get Out of Debt?
If you want to do this right, you want to make sure that you know where you stand before you start. You need to have a complete picture. Here’s what you need to do:

Gather your most recent statements for all loans and credit cards.
Get your free annual credit reports to check them for accuracy and to identify all debts.
Get your free credit score at to find out whether you’re eligible to lower your interest rates or for a debt consolidation loan.
Check the National Student Data System to gather all student loan information.
I think the best way to pay off your debts faster is to actually add your source of income. You should always monitor if where most of your money are being spended and cut those expenses which aren't really needed. You should make a list of your debts and make sure to save money to pay for it. Always check and monitor your money and make sure to spend it wisely to avoid adding debts and loaning money.

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