Dreamer's Financial Playbook

How to Pay off Debt (Debt Snowball vs. Debt Avalanche)


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Does recent events have you asking how to get out of debt? When debt is holding your paycheck hostage, using the best ways to pay off debt is key to success. Should you use the debt snowball or debt avalanche method? Many personal finance advisor says debt avalanche, but this financial lifestyle coach is proving that the debt snowball method really is king!

ON YOUTUBE: https://youtu.be/VFv3bplobjI 

Today, we used the Debt Reduction Calculator from Vertex42 to compare these debt payoff methods: https://www.vertex42.com/Calculators/debt-reduction-calculator.html

Want a chance to win a $50 Amazon gift card? Just answer 10 questions that will help me service women entrepreneurs just you like as you step out of the coronavirus craziness into America 2.0. We’ll raffle the gift card live on my YouTube channel on Wed., May 20th at 1:00pm CST: https://www.tianabclewis.com/research

Get more tips and strategies on creating a stellar budget here: https://www.tianabclewis.com/learn-to-budget

#debtsnowball #debtavalanche # howtopayoffdebt

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Dreamer's Financial PlaybookBy Tiana B. Clewis