How To Pay Off Debt: Debt Snowball Vs. Debt Avalanche




Finance 101: Your Guide to Investing, Financial Planning, Insurance, College Saving, Financial Independence, and Retirement show

Summary: When paying down debt, there are two different strategies you can take: The 'Debt Snowball' or the 'Debt Avalanche'. In this episode, I talk about the advantages and disadvantages of each, and I'll help you decide which strategy is best for you. For the corresponding article for this podcast, check out: https://www.wholesomefinancial-brentdunn.com/blog/how-to-pay-off-debt-debt-snowball-vs-debt-avalanche -Brent Dunn -Financial Planner/Coach As a way of getting to know more people and build better relationships, I offer a Free 30-Minute Discovery Call. During this call, I am all your to ask any personal finance questions you may have. If you would like help figuring out where to invest your money or whether to pay down debt or invest for retirement, I would love to help! The reason I do this for free is because I know that if I can bring value to you and we can establish a relationship, I will be the first one you call when you or a friend need help making a financial plan. :) Free 30-Minute Discovery Call https://www.wholesomefinancial-brentdunn.com/free30minutediscoverycall Email bdunn@wholesomefinancial.com My Site https://www.wholesomefinancial-brentdunn.com/ FB https://www.facebook.com/Bdunnfinance/ FB Finance 101 Group https://www.facebook.com/groups/finance101group/ Twitter: https://twitter.com/Finance101_Blog Insta: https://www.instagram.com/bdunnfinance Linked In http://www.linkedin.com/in/brentdunn1 iTunes Podcast: https://itunes.apple.com/us/podcast/finance-101-your-guide-to-investing-financial-planning/id1394097470?mt=2# YouTube https://www.youtube.com/channel/UC8DNH_48pwKWRQ9LdR_6-bg Stitcher https://www.stitcher.com/podcast/finance-101