Overcome Financial Hurdles by Debt Avalanche Strategy
10 months ago
The debt avalanche method is a strategic approach to paying off debt that prioritizes tackling high-interest debts first, with the goal of minimizing the total interest paid over time. Here's a brief overview:
In the debt avalanche method, you start by listing all your debts, including credit cards, loans, and other outstanding balances. Then, you arrange them in descending order based on their interest rates, with the highest interest rate debts at the top of the list.
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