When I finished graduate school, I had $72,000 in student loans weighing me down. But less than a year after graduation, I’d paid it all off, thanks to the debt snowball method and some hefty ...

When it comes to eliminating debt, two popular strategies stand out: the Snowball and Avalanche methods. Each offers a unique approach to tackling debt, and understanding their differences is crucial ...

Ashley Eneriz is a financial writer who has been published on a myriad of sites. She has 10+ years of financial writing experience. Investopedia / Nez Riaz There are two popular strategies for paying ...

The “snowball method” is going viral on TikTok, with its creator claiming it’s the fastest way to pay down debt. Dave Ramsey, the famed finance expert who is the brains behind the budgeting hack, ...

I recently saw a snowball stand at a local event and immediately thought two things: 1) I really needed one, and 2) these are just as satisfying as a debt snowball — where you’re crushing high ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...

Carrying debt can take an emotional and financial toll, so it’s best to pay it off as efficiently as possible. The avalanche method aims to save you money on interest. Are you ahead, or behind on ...

Key Takeaways Carefully consider balance transfer cards by weighing the cost of fees against savings on interest.Focus on paying off high-interest or “less ideal” debt first and choose a method that ...

Ramit Sethi has been helping people improve their finances for more than a decade. His book "I Will Teach You To Be Rich" has thousands of Amazon reviews and continues to resonate with many people on ...