When we buy something, we will find a loan that does not have early pay-off penalties and then whenever we have extra cash in the bank, we pay off our loans as fast as we can and apply the money to the 'principal'.

I think that you want to pay off your high interest debt first (ie credit card) but we keep that paid off each month so you would then pay off your next highest interest-rate loan next and so on...

Do other people do this? Am I over-simplifying this and making a mistake? We just don't find that our investments are bringing in as much interest-wise as we owe right now...

Thoughts?!