The Fastest Way To Pay Off Debt? || Debt Snowball vs Debt Avalanche
Автор: Nate O'Brien
Загружено: 2019-02-11
Просмотров: 10864
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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/scien...
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