--- title: "Meaning & Key Takeaway of: I've found that when you can quickly…" description: "\"I've found that when you can quickly knock out debt you get motivated because you see progress. Then you attack the other debt so fast that even if it'..." image: "https://sms4smile.com/quotes/i/9e3/michelle-singletary-8251_debt_i-ve-found-that-when-you-can-quickly-kno_897850.jpg" --- # I've found that when you can quickly knock out debt you… ![“I've found that when you can quickly knock out debt you get motivated because you see progress. Then you attack the other debt so fast that even if it's at a higher interest rate, you don't end up paying much more because you've gotten rid of it.” quote by Michelle Singletary](https://sms4smile.com/quotes/i/9e3/michelle-singletary-8251_debt_i-ve-found-that-when-you-can-quickly-kno_897850.jpg) [Download](https://sms4smile.com/quotes/i/9e3/michelle-singletary-8251_debt_i-ve-found-that-when-you-can-quickly-kno_897850.jpg) [Open image](https://sms4smile.com/quotes/i/9e3/michelle-singletary-8251_debt_i-ve-found-that-when-you-can-quickly-kno_897850.jpg) > “I've found that when you can quickly knock out debt you get motivated because you see progress. Then you attack the other debt so fast that even if it's at a higher interest rate, you don't end up paying much more because you've gotten rid of it.” [Michelle Singletary](https://sms4smile.com/quotes/author/michelle-singletary/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Rapidly eliminating small debts creates momentum, encouraging tackling larger debts even if they have higher rates. **In simple terms:** Paying off debt quickly builds motivation. Key Takeaway Use quick wins to build financial momentum. Themes finance motivation debt reduction Mood practical encouraging Type financial inspirational When to use this quote - paying off credit cards - student loans - car loans - personal budgeting Key Concepts behavioral economics compound interest budgeting Questions to Reflect On - Which debt can you pay off fastest? - How will you maintain momentum after the first win? A Different Perspective High‑interest debt may still cost more if not managed carefully. ★ ★ ★ ★ ★ No ratings yet [Customer](https://sms4smile.com/quotes/about/customer/) [Interest](https://sms4smile.com/quotes/about/interest/) [Progress](https://sms4smile.com/quotes/about/progress/) ## Related quotes > [Right now we're concerned about budget. Right now we're concerned about the prospect of interest rate rise. 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