Debt Payoff Strategies: Snowball vs. Avalanche and How to Choose

If you have multiple debts and extra money each month, the snowball and avalanche methods are the two most proven strategies for paying them down faster. In this episode, Ryan explains exactly how each one works: snowball targets the smallest balance first for psychological momentum, while avalanche targets the highest interest rate first to minimize total interest paid.Ryan and Aaron walk through the pros and cons of each approach and land on the same honest conclusion: neither method is universally better. The best one is the one you will actually stick to, because both increase your net worth and both get the job done.Find "Your Fiscal Physical" the book on AmazonIf you have suggestions or feedback, please email us at: [email protected], as always, Stay the Course!