Kanye West recently claimed that he's deep in personal debt: about $53 million worth.
That's a lot - although frankly, it's not that big of a deal for the rapper whose tour earned $25 million, the second-highest grossing of 2013.
Kanye has his options, but for the rest of us, what is the most efficient way to dig out of a financial hole?
We asked John Gajkowski, a certified financial planner at Money Managers Financial, for debt-repayment tips and strategies for those of us who aren't Kanye West: