Debt Snowball vs. Debt Avalanche: Which is Better?
Deciding to pay off debt is a huge step, but it can quickly get overwhelming trying to figure out the right debt pay off plan. Depending on which financial expert you listen to, they recommend different things for different reasons. It can get confusing on what advice to follow and why. I am going to break down the differences and pros and cons of the debt snowball versus the debt avalanche debt pay off methods. They are both effective in paying off debt but there are advantages and disadvantages to both plans. In this post you will learn: What the
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If you're looking to pay off debt quickly there are a few different approaches that you can take. This article looks at the debt snowball vs. the debt avalanche to point out the differences and help you determine which one will work best for you.
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