We've all heard of the Debt Snowball and the Debt Avalanche.
With Debt Snowball, you pay the smallest balance first and snowball the payments once that is paid off.
With Debt Avalanche, you pay the highest interest first and then build the avalanche once you pay off each debt.
There are also other methods of paying off debt that are a little more unique. For more detail, feel free to visit Debt Snowball or Debt Avalanche
What is everyone's preferred method of paying off debt?
Submitted March 07, 2018 at 11:48AM by RealMoneyRobert http://ift.tt/2I8Y0AT