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Tag: debt snowball

  • What is a Debt Avalanche?

    When you have a lot of debt to pay off, it may make sense to go extreme — like avalanche extreme. The so-called debt avalanche repayment strategy focuses your efforts on paying off your high-interest debt first before wiping out the rest (sort of like an avalanche). Some people choose a different, but still wintry […]

  • How to Snowball Debt

    If you’ve ever made a snowball before, you know how it works. It doesn’t take a massive amount of snow, at the start, to build that snowball. Instead, you start small, with a handful of the white stuff that you roll and roll in the snow until it becomes just the right size to throw […]