Marriage, Kids And Money

Debt Snowball vs. Avalanche: Which Is Right For You?

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Sinopsis

When you’re starting out on your debt free journey it can be overwhelming deciding which debt payoff method to choose. In today’s episode, I chat with you about the two most popular debt payoff methods, the Debt Snowball Method and the Debt Avalanche Method. We talk about which one is right for you, debt consolidation pros and cons, and why 0% APR credit cards may be a strategy to consider (with caution)! Debt Free Living Segment:  Maeghan Jones, Atlanta-based real estate professional, joins the Marriage Kids and Money podcast to discuss how her family paid off $90k of debt, doubled their income, and changed their entire lives with financial literacy. RESOURCES: Sponsors + Partners + Deals OTHER EPISODES YOU MIGHT LIKE: Allison Baggerly: Become Debt Free While Still Enjoying Life How We Became Debt Free After Paying Off $50,000 in 1 Year How to Stick to a Budget – with Kumiko Love from The Budget Mom MKM RESOURCES: Make My Kid a Millionaire Course: Want to make your kid a millionaire? Learn more about