What is Debt Avalanche?

What is debt avalanche

The debt avalanche strategy is a debt repayment method that sees you paying the minimum interest charges possible, by focussing on your debts with the highest interest rate first. At the same time, you make the minimum monthly payment on your other accounts. Is the debt avalanche method the right debt repayment approach for you? … Read more

What is Debt Snowball?

What is Debt Snowball

  The debt snowball is a method of repaying debt that has received support from Dave Ramsey, a prominent personal finance expert based in America. It involves paying off your debts from smallest to largest to encourage more motivation to become debt-free. At the same time, you pay the minimum payments on your other debt … Read more