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Can't sleep- not sure what to do next

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  • Stevie_Palimo
    Stevie_Palimo Posts: 3,306 Forumite
    1,000 Posts Combo Breaker
    Could be worth while keeping some money for emergency uses ie:- £500.00 or so and pay the highest rate cc to reduce monthly payments.
  • cte1111
    cte1111 Posts: 7,390 Forumite
    Part of the Furniture Combo Breaker
    The usual advice is to check the APR on all of your debts and then pay off the one with the highest APR first and work down the line. I know it's tempting to reduce the overall number of debts, e.g. pay off the small ones, but this is effectively throwing money away, as you will end up paying more interest overall.
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