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Eisenson Method

Definition: Eisenson Method

The Eisenson Method refers to the notion of paying off debts more quickly and is credited to former banker Marc Eisenson. Instead of making regular monthly payments on your debts, pay half of your monthly minimum or whatever your goal is to pay each month every 14 days. Over the course of a year, you will have made two extra payments. Repeat the half payments on the two-week schedule until the balance is paid.

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