For millions of households, credit card debt can feel like a trap that tightens every month. Interest builds. Minimum payments stretch for years. The total balance often feels impossible to eliminate.
Financial educator David Bach believes the problem is not always income or discipline. In many cases, the real issue is the absence of a clear repayment strategy. In his book The Automatic Millionaire, Bach introduced a simple system called DOLP, short for Done On Last Payment. The method focuses on creating momentum while reducing the number of active debts. Over time, that momentum helps borrowers reach the final payment. The system has remained popular in personal finance discussions because it focuses on behaviour rather than complicated calculations.
