To a lot of people in the PF world, being in any type of debt is not acceptable. To others, certain debts are OK to keep around, if not necessarily desirable. My general feeling about debt is that it should be avoided, but if it can’t be, one at least needs to have a plan to manage it wisely. That being said, I hate having debt. In my ideal world I would be totally debt free; however, I know that in the real world, it will take me several years to pay off all my debts. One reason for this is that I simply don’t make very much money, and I’m not looking at a raise any time soon. Another reason is that I also think it’s very important to save for the things I want and need. So I’m saving and paying down debt at the same time, which means that neither is happening very quickly. This means that I need to decide which debts I like the least and pay those off first, then let the others dangle for a while. So I’ve listed my debts below, from the debts that I like the least and want to get rid of quickly, to the debts that I’m basically OK with and will tolerate keeping around for a few years while I save:
