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what to pay off next

hi there im slowly working my way down the list and wondering what i should do this month.

i will £800 to throw at my debts this month,
and have the following debts left.
capital one £190
Very £240
aqua £388
vanquis £1200
natwest £1463

to be honest, i know the golden rule is highest interest first but im not bothered about that.
im tempted to clear the smallest ones and then work on the others after that, i could clear the first 3. should i do this?

Comments

  • mum2one
    mum2one Posts: 16,279 Forumite
    Xmas Saver!
    I would use the £800 to get rid of the 3 small debts, this then leave excess money in future months for the other debt. At I guess I would say Vanquis is sky high interest so go for that next. Well done on getting rid of the debts x
    xx rip dad... we had our ups and downs but we’re always be family xx
  • tealady
    tealady Posts: 3,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Mortgage-free Glee!
    Hi
    If you put them into the snowballer you could see how much of a difference that will make as to whether to clear the two smallest 1st.
    HTH
    Find out who you are and do that on purpose (thanks to Owain Wyn Jones quoting Dolly Parton)
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