Submitted by dbot77 t3_yipiyr in personalfinance
dbot77 OP t1_iujvi7s wrote
Reply to comment by Baby_Hippos_Swimming in What to do when you are in too much debt? by dbot77
I’ve never heard of this method. Can you describe it?
Baby_Hippos_Swimming t1_iujvsu8 wrote
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snowball - pay off debts one at a time, smallest to largest.
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avalanche method - pay off debts one at a time, highest interest rate to lowest interest rate
dbot77 OP t1_iujy6cx wrote
Thanks for the help brother
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