Debt Snowball vs. Avalanche Strategy #DebtSnowball #DebtAvalanche #DebtFree #PersonalFinance #debt

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Debt Snowball vs. Avalanche Strategy

Debt snowball and avalanche are two debt-payoff plans. Snowball tackles smallest balances first to build motivation, while avalanche targets highest-interest debts to minimize interest costs. Both require listing debts and making minimum payments on all but one, then rolling freed funds toward the chosen debt until all balances are cleared

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