Getting Out of Debt: The Snowball Method vs The Avalanche Method

getting out of debt

If you’re struggling with getting out of debt, it can be difficult to figure out the best option for digging your way out of the hole. Two of the most popular methods for paying back money owed to multiple accounts are the Snowball Method and the Avalanche Method. Both have their own distinct advantages and disadvantages, and the key to finding out which one is better for you is by understanding the strengths and weaknesses of each.

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