Personal Finance

Towards a Healthier Financial Future

Topic: "Avalanche Method"

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Avalanche Method

With the avalanche debt payoff strategy, you focus on repaying debts based on their interest rates. This method prioritizes interest rates and paying off debt with the highest interest rate first. You move on to the next highest interest rate debt after the first is paid off. This helps you pay less interest over time.

Strategies for Paying Off Debt Faster →

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