Illustration comparing the debt snowball and debt avalanche methods with a snowball rolling downhill and an avalanche of coins representing debt repayment strategies.

Debt Snowball vs. Avalanche: Which Pays Off Debt Faster?

My cousin had four debts and a plan to tackle them in whatever order felt most satisfying that week. It didn’t work. Six months in, she’d made a dent in a $600 medical bill. Her credit card sitting at 24% APR barely moved, still bleeding interest every single day. That’s the whole argument for picking […]

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