Snowball vs Avalanche: The Fastest Way to Kill Your Debt (Beginner Guide)

Описание: Two people. Same debt. Same income. One is debt-free in two years — the other is still paying five years later. The difference is not willpower. It is the ORDER they paid their debts in.

In this Money From Zero video, we compare the two famous debt payoff methods — Snowball vs Avalanche — with the same 3 real debts, so you can pick the one your brain will actually finish.

WHAT YOU WILL LEARN
• The 3 sample debts: $500 at 25%, $2,000 at 22%, $5,000 at 10%
• Avalanche: highest interest first — the math winner
• Snowball: smallest balance first — the motivation winner
• What the research actually found (Northwestern University study)
• How to choose YOUR method in 30 seconds
• The one rule: never skip minimum payments

CHAPTERS
00:00 Same debt. Same income. Different ending.
00:20 Meet the 3 debts
00:42 Method 1 — Avalanche
01:16 Method 2 — Snowball
01:48 Math vs motivation: which actually wins?
02:22 Which one fits YOU?
02:50 List. Pick. Attack.

START THE SERIES
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Disclaimer: This video is for education and entertainment only and is not financial advice. Personal finance is personal — consider your own situation and, if needed, speak with a qualified financial professional.

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