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I am NOT in the Dave Ramsey "camp"... My brother is helping others and he had the materials. Having heard of him, I took a look at them.

I guess the envelopes are something anyone can understand, but I find them too restrictive, almost like a childhood allowance.

I am much more in line with Suze Orman. An example would be to invest in a company 401k program up to the match, to take advantage of the 50% or more return from the match. The snowballing approach Suze recommends is in line with that of TMF as well, that you pay off the highest debt first.

The only reasons I see for paying off a smaller debt (with higher APR) first:
1. You'll get a quick success, like in 6 months to a year max.
2. You're in a situation with poor cash flow, and getting rid of the payment will help with cash flow.
3. You can't keep track of the bills and find yourself paying bills late.

- Lan
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