Debt Repayment Blizzard

Host:  Mindy McCulley, Extension Specialist for Instructional Support, Family and Consumer Sciences Extension, University of Kentucky Guest: Dr. Nichole Huff, Extension Specialist for Family Finance and Resource Management Season 5, Episode 33 As we wrap up Financial Literacy Month, Dr. Nichole Huff comes back on Talking FACS to discuss two different but similar ways to reduce debt.  She shares information about the "Snowball" and "Avalanche" repayment strategies which seek to either reduce the total number of bills you need to pay monthly, or reduce the amount of interest you are paying on debt.  Enjoy this lively discussion about ways to "deep freeze" your debt. For more information about this topic and other MoneyWi$e topics, visit: MoneyWi$e Newsletter MoneyWi$e Website MoneyWi$e Facebook Page   Full episode transcript