How much richer would you be without debt?

How much richer would you be every month if you weren't making debt payments? Extra points for anyone who's just throwing money at their credit cards and the balance itself isn't getting any lower. You're basically just making payments towards the interest. For anyone who is paying off high interest debt, aka credit card debt, there are two main ways to try and do this quicker. First one is doing a balance transfer. So this one sounds counterintuitive, but you're opening a new credit card that offers a period of 0% interest on balance transfers. So you move the balance that you currently have on your credit card onto the new credit card and you do not pay interest on that new balance because you get that intro offer of, I don't know, 12 to 15 months of 0% interest being charged on the balance you have on that new credit card. You use that time to pay the balance totally OFF in the 0% APR intro offer period. The goal is to pay off the full balance within that offer period. So you really got to buckle down and like lock in if you're going to do this method. The second method is getting a personal loan. Sometimes referred to as a debt consolidation loan, using the money from that loan to pay off the credit cards and then just paying that loan every single month. The benefit of this one is that the interest you're being charged for the personal loan is usually less than the credit card interest. If it's not less than the credit card interest, don't get the personal loan. And it's helpful because you're paying the same amount every single month. You know when your debt's going to be paid off. You don't have to like think about it in the back of your mind. Something to look out for with a personal loan is that oftentimes paying off the loan sooner or quicker doesn't actually benefit you, like you still have to pay the interest over the full life cycle of that personal loan. So it's not like a classic car loan where if you pay it off early, then you save money on the interest. It's just always the case, but something to keep in mind.