#78: Which works best: Paying extra on high interest debt or a the one with the lowest balance? Steve shares what science says about the Debt Snowball method and what you should know if you go the Debt Avalanche route. For many more details, go to https://moneyplansos.com/sos078-highest-interest-rate-or-lowest-balance/

Which Do I Pay First: Highest Interest or Lowest Balance? The Scientifically Proven Debt Snowball Method

Pay attention - not interest. 

For most, that's all it takes to get their money under control. That's how my wife and I got out of debt completely - EVEN THE MORTGAGE! And you can too!

Join me as I share some extreme-but-proven ways for how money really works. The show isn't just about making a Money Plan (aka: a budget). Steve also explains what's really wrong with credit cards and credit scores (spoiler alert: It's not what you think). You'll also learn about rich habits, how various investing vehicles work, and how you can have no debt, no credit, and no problems!

The show is retired, but still relevant in today's radically changing financial world. Begin with Episode 201, then go back and listen to the archives in your favorite podcast app!

Money Plan SOS is the response to the call for help with your finances.

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Pay attention - not interest. For most, that's all it takes to get their money under control. That's how my wife and I got out of debt completely - EVEN THE MORTGAGE! And you can too! Join me as I share some extreme-but-proven ways for how money really works. The show isn't just about making a Money Plan (aka: a budget). Steve also explains what's really wrong with credit cards and credit scores (spoiler alert: It's not what you think). You'll also learn about rich habits, how various investing vehicles work, and how you can have no debt, no credit, and no problems! The show is retired, but still relevant in today's radically changing financial world. Begin with Episode 201, then go back and listen to the archives in your favorite podcast app! Money Plan SOS is the response to the call for help with your finances.

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Which Do I Pay First: Highest Interest or Lowest Balance? The Scientifically Proven Debt Snowball Method

Which Do I Pay First: Highest Interest or Lowest Balance? The Scientifically Proven Debt Snowball Method