HOW TO PAY OFF CREDIT CARD DEBT | Snowball VS Avalanche Method

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Wondering how to pay off credit card debt fast?

Then, you have undoubtedly encountered the Debt Snowball and the Debt Avalanche method on your quest for a debt free life. But which one will help you pay off debt quickly? Which debt payoff method will make you debt free without too much struggle?

How does the Debt Avalanche work? Why is Debt Snowball Dave Ramsey’s favourite debt pay off method? Why does Dave Ramsey recommend Debt Snowball for paying off debt on a low income? Why does Dave Ramsey recommend Debt Snowball method when Debt Avalanche plan mathematically makes more sense?

You’ll learn the answer to all these questions and more in the next couple of minutes.

In this super short explainer video we’ll tell you how to do the Debt Snowball method, how Debt avalanche plan works and compare Debt Snowball and Debt Avalanche.

These two methods are ideal if you’re not too keen on complicated budgeting, if you need to pay off your debt on a low budget and either of them will help you become debt free fast.

Both Debt Snowball and Debt Avalanche work, the only difference is in just one detail! Watch the video to see whose side you’re on in the Debt Snowball vs Debt Avalanche match!

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#debt_snowball #debt_avalanche #debt_snowball_vs_avalanche #how_to_pay_off_debt #how_to_pay_off_credit_card_debt #debt_pay_off_strategy #financial_literacy #finance #economy

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