Comment: Actually your solution results in failure for the weak-willed.

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Actually your solution results in failure for the weak-willed.

Yes, you save money by going after the highest interest first... but if it is $30,000 of debt, that will take years to pay off, and MOST people in our instant gratification system will quit (give up and fail). Instead, you go after the small debts, which are paid off quickly and they reinforce the idea that you can succeed at this task, plus as small debts are paid off you can roll those payments into a bigger debt payment... ie. a snowball affect.