The Debt Snowball vs Avalanche - Paying It Off
Slides
Store card debt at 26 percent, medical debt at 8 percent, and a car loan at 14 percent total $1,000, $600, and $3,000 for Tessa, and these slides send her extra $200 a month two ways: smallest balance first for the snowball, highest rate first for the avalanche that pays less interest.
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