Wipe Out Debt, One Step at a Time

Pay off debt with the highest interest first, stick to a schedule and automate payments.

(Image credit: (C) Sasa Djelic, All right Reserved ((C) Sasa Djelic, All right Reserved (Photographer) - [None])

An old proverb asks: How do you eat a whale? A poem in Shel Silverstein’s Where the Sidewalk Ends tells the story of a girl named Melinda Mae who decides to try. She starts with the tail, takes little bites and is eventually left with a cascading pile of whale bones—89 years later. The answer to the proverb, of course: “One bite at a time.”

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Brendan Pedersen
Staff Writer, Kiplinger's Personal Finance
Brendan joined Kiplinger in 2018 and writes about technology, security and money. A Chicagoland native, he graduated from DePaul University with degrees in journalism and political science. Before moving to Washington, D.C., Brendan covered local politics for NBC Chicago and daily news for BusinessDen in Colorado.