# Paying Off Debt Gives You a Raise – One You’ve Already Paid Tax On

- Source: Money Crashers
- Published: 2026-10-19T13:15:00+00:00
- Category: Markets
- Original: https://www.moneycrashers.com/debt-payoff-raise/
- Canonical: https://groundlevelnews.com/story/paying-off-debt-gives-you-a-raise-one-you-ve-already-paid-tax-on-75ac3a/

That yearly figure deserves more of your attention than the balance, which falls slowly enough to make quitting tempting. The balance is what you owe. The payment total is what paying it off buys. Say your household pays $900 a... Source

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