Month: February 2012

Which debt to pay off first? Debt Snowball Method vs. Debt Avalanche Method

There is much debate on this issue in the financial world. Some experts say to pay off the smaller balances first to get instant gratification. Others say it’s better to pay off the high interest rate ones first regardless of the balances. The first method (smaller balances) is called the “Debt Snowball Method”.  The second […]

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