With the Money Debt Reduction Planner, you can establish a concrete strategy for paying off your credit cards and loans. You pay off your highest-interest debt first, while paying the minimum monthly payment on all other debts. When thatÆs paid off, you start working on the next highest-interest debt. Experts agree that this is the most effective method for paying off your debts. You continue in this manner until theyÆre all paid off.

If you have a credit card debt at 18% interest, paying off that debt is like earning 18% on an investment. Not a bad return!

Watch the debt reduction video. The video provides a demonstration and can give you a better idea of how to use the Debt Reduction Planner. On the Help menu, point to Instructional Videos, and then click Reduce your debt.