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Snowball vs. Avalanche Method for Credit Card Debt Elimination - Which Wins?
Dive into the world of debt reduction comparing two popular strategies: the Snowball and Avalanche methods. The Snowball method focuses on paying off debts from smallest to largest, creating a psychological boost with each debt eliminated. In contrast, the Avalanche method targets debts with the highest interest rates first. I discuss each, provide real-life examples, and help you decide which method aligns best with your financial goals. Get ready to tackle your debt with confidence.
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