30 | Debt Avalanche Method vs. Snowball Debt Payoff - Which Is Right for You? + Free Debt Reduction Calculator!

Hey Mom! Do you have multiple sources of debt you are working to pay off? Do you feel overwhelmed with figuring out the right strategy to use? Do your debt balances feel like they aren't getting any lower? Don't stress; I'm here to help you! In this episode I break down the definitions of both the debt snowball payoff method and the debt avalanche method. I also list out the pros and cons of each, and I even help you determine which is the best way for YOUR family to get out of debt once and for all.  If you are working to eliminate debt, this episode is a must listen.  Also, here is a FREE Debt Reduction Calculator as mentioned in the episode. Let's go! Blessings to your family, Mandy P.S. -> Join our awesome FREE Facebook community! https://www.facebook.com/groups/frugallivingforfamilies -> Become a Frugal Living for Families Insider! Sign up at: subscribepage.io/FrugalLivingforFamiliesPodcast for more tips on saving money, getting out of debt, becoming a stay-at-home mom, living on a single income, first access to my offerings and more! -> For my latest coaching options, email me at [email protected]. Thank you for helping this show rank in the top 5% globally! I appreciate you so much!