Debt Snowball vs. Debt Avalanche | Debt Paydown Strategy

Making the decision to start paying off your debt can be tough. Figuring out the best way to do it can be even tougher. In this video, we'll break down the two most popular debt payoff strategies: the Debt Snowball and Debt Avalanche. We'll look at how each one works, and help you decide which might be best for you.

Timecodes:

0:00 - Intro
0:16 - Debt - #1 Wealth Killer
2:11 - Debt Snowball Method
3:46 - Debt Avalanche Method
4:35 - Automation
5:08 - So, What Is Better?
5:46 - Tae’s Preference

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DISCLAIMER: I am not a financial adviser. These videos are for educational and entertainment purposes only. I am merely sharing my personal opinion. Please seek professional help when needed.