The Debt Avalanche Money Move: Save $22,000+ on Debt Payoff

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Jennifer has $15,000 in credit card debt across three cards: $5,000 at 24%, $4,000 at 19%, $6,000 at 28%. Paying minimums equally ($50, $35, $45). At this rate: 27 years of payments, $37,000 total paid ($22,000 in interest alone).
Most people pay emotionally (smallest balance first) or randomly. Both cost years and thousands. The Debt Avalanche Method uses math: list debts by interest rate highest to lowest, pay minimums on everything, attack highest rate with every extra dollar.
📊 What You'll Learn:
• The Debt Avalanche Method step-by-step
• Why highest interest first saves the most money
• Avalanche vs. snowball comparison
• The rolling payment strategy
• How to find extra money for debt payoff
🎯 Jennifer's Results:
• Paying minimums equally: 27 years, $37,000 total, $22,000 interest
• Debt Avalanche Method: 3 years, $19,000 total, $4,000 interest
• Savings: $18,000 less interest + 24 years faster
Jennifer found $200/month extra (cut subscriptions, meal prep). Paid minimums on 24% and 19% cards. Threw everything at 28% card. Gone in 11 months. Rolled entire payment to next highest (24%). Gone in 13 months. Final card in 12 months. Total: 36 months to freedom.
Action plan: List all debts with interest rates, organize highest to lowest, calculate minimums, find extra money ($50-200), attack highest rate only, roll payments as debts disappear.
This is Money Move #6 from The Clever Wallet.