<prompt> Human: My wife and I 25 and 26 together bring home approximately 100k to 110k per year, depending on her pay incentives. Last month, I sat down and added up all of our credit card debt, and to our surprise, it was more than expected 25k. We also have about 27k in car and motorcycle debt. And finally, the big hickey, I have about 78K in student loan debt.My reason for writing this reddit today is that we have recently decided to crunch down and pay this stuff off as fast as possible, while trying to maintain a somewhat youthful entertaining lifestyle. I want to share our plan, in the hope that other redditors out there might find it motivating and decide to do something about their debts. Our debt portrait looked something like this 1 month ago: Dept Store A 1400 25 minimum, 24.99 interest Dept Store B 1025 105 minimum, 0 interest until March 2013 Credit Card A 1150 25 minimum, 14 interest Dept Store C 1475 25 minimum, 0 interest w variable end dates Credit Card B 2500 42 minimum, 9.6 interest Dept Store D 3600 340 minimum, multiple special financing plans...will be paid off in 11 months at the given minimum monthly payment Credit Card C 4700 85 minimum, 3.35 interest Credit Card D 4950 49 minimum, 0 interest until November 2013 Credit Card E 5275 85 minimum, 0 until June 2013 Motorcycle Loan 850 107 minimum, 7.5 interest, will be paid off in June 2013 at the given minimum monthly payment Dirtbike Loan 3550 122 minimum, 7.5 interest Car Loan 22000 365 minimum, 3.5 interestNow, our income per month allows us to have a surplus of cash 400-600, which in the past, usually got partiedvacationedetc away there was also a wedding in there too which accounts for about 3000 of the CC debt. Fast forward to today...1 month later. With our surplus of cash from our paychecks, we have completely paid off Dept Store A. This has freed up the 25 minimum payment which will now be tacked onto Dept Store Bs payment, making it 130. Any surplus cash will also be going toward Dept Store B, and we are projecting a payoff date of no later than mid December. Once Dept Store B is paid in full, 130 will be added to Credit Card As payment. This will continue until everything is paid off. Added bonus: 1we are estimating tax returns in 2013 to be around 4500, which will go to paying off Credit Card E to avoid paying higher interest after the promotional rate, and 2 any incentive payout that my wife makes pays even more toward the lowest balance on the cards.Now the 3 vehicle loans will we in their own snowball section. Obviously, the Motorcycle Loan will be paid off in a few months, which that payment will then be rolled to the Dirtbike Loan. Once the Dirtbike is paid, the 229 will be applied to the Car Loan.Moral of the post: If you have a plan, you can do it. Evaluate your finances and get a look at the big picture. We are hoping to have everything paid off in 2 -2.5 years from now, less if possible. We chose the snowball method because it is rewarding to see balances going to 0.00. Paying off higher interests first, for us, causes us to lose focus of what the end goal is because it is harder to see forward progress in paying debt down.Sorry for the long post. Just felt like spreading the word. Critique is welcome.  <response>: You will get through it a lot faster if you stop rewarding yourself and start punishing yourself. Im talking about you wanting to keep your entertaining lifestyle. 