Paying Off Debt Fast Snowball vs. Avalanche Method in Today’s High-Interest World
With rates high in 2025, debt payoff strategies matter more than ever.
Snowball: Pay minimums on all, extra on smallest balance. Quick wins build momentum.
Avalanche: Extra on highest interest rate. Saves most money long-term.Example: $10k credit card (24%), $20k loan (6%).Avalanche saves thousands in interest but takes longer psychologically.
Hybrid: Snowball first two, then avalanche.Calculate yours with free tools like Undebt.it.Key: Cut spending, boost income, stop new debt.
Choose snowball for motivation, avalanche for math. Either beats minimum payments. Freedom awaits!
