The Fastest Way To Pay Off Debt? || Debt Snowball vs Debt Avalanche
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What is the most effective debt-payoff strategy? In this video, we will dissect two common methods for paying off high levels of debt. There is no doubt that Americans have a debt problem. With more than 1.5 trillion dollars in student loan debt and over one trillion in credit card debt, it’s time that we discuss this issue. There are two primary strategies for paying off debt: 1. Debt Avalanche 2. Debt Snowball Both methods have pros and cons Here’s an interesting article relating to the Debt Snowball strategy: https://www.daveramsey.com/blog/scientists-say-the-debt-snowball-method-works 💰 Invest for FREE with M1 Finance ➤➤➤ https://mbsy.co/q2MDL Follow me on Instagram ➤➤➤ https://www.instagram.com/nateobrienn/ #1 Investing Book- https://amzn.to/2Q5j7Ii Call […]