Question:“On which debt to pay first”
On which debt to pay first
When there are several debts, the heaviest is not the largest but the one with the highest interest. High interest gives birth to new debt every month.
List every debt in one line each, ordered by interest rate. Pay every minimum, and put whatever remains into the top line only. When that line disappears, the next line becomes the top.
Solon shook off the burdens of the Athenians whose bodies were pledged for debt.