The mechanics of paying off debt faster

Two ways to pay off debt faster. One saves the most money. The other keeps you motivated. Both work, and Finvy can switch between them on demand.

Compound interest is the friend of every saver and the enemy of every borrower. On credit cards, it compounds against you every single day.

The biggest controllable lever for your FICO score is not the number of cards you have or how long you have had them. It is how much of each card's limit you are using right now.

Zero-based budgeting gives every dollar a job before the month begins. Income minus planned outflow equals zero. The result is a budget where nothing slips through the cracks.

The safety buffer is the smallest amount Finvy will let stay in your checking account at all times. Recommendations never push you below it. Even $25 changes everything.

Conventional advice says to build a 3 to 6 month emergency fund before attacking debt. That advice is wrong for most people. Here is the order that actually works.