What Is the Debt Avalanche Method for Paying Down Debt?

February 14, 2025
The first step to becoming debt-free is to figure out your payoff strategy. The debt avalanche method is one approach you might want to try.
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Debt

U.S. National Debt Under Biden Self FinancialU.S. National Debt Under Biden
February 13, 2025
The U.S. national debt has changed during Biden's presidency, but just how much has it changed, and what has affected the debt during his presidency? Read more.
DES-975 2Budgeting for Couples to Hit Big Financial Goals
January 28, 2025
Turn budgeting into a team effort! Get tips on managing money as a couple, setting shared goals, and building a financial future full of possibilities. Read more.
How to Open a Bank Account That No Creditor Can Touch Header - 01How to Open a Bank Account That No Creditor Can Touch
December 4, 2024
This article shows you how to open a bank account inaccessible to creditors and offers some tips on understanding wage garnishment. Read more.
915How You Spend Money, According to Your Zodiac Sign
October 23, 2024
Whether you’re saving for a big purchase or indulging in a little retail therapy, the stars can provide a deeper understanding of your financial behaviors and motivations, helping you make more informed choices that align with your true self. Read more.
872Understanding the Impact of Debt Management on Your Credit Score
September 24, 2024
Learn how managing debt affects your credit score and get tips to lift it. Get the facts so you can make smarter financial choices in the future. Read more.
What Happens When You Stop Paying Credit Cards Header - 01What Happens When You Stop Paying Credit Cards?
September 22, 2024
When you stop making credit card payments, several things can happen. Late fees, interest accumulation, or your credit score can drop significantly. Read more.
A pile of debt on top of a credit cardShould You Consolidate Your Credit Card Debt?
September 16, 2024
If you manage the process wisely, debt consolidation has the potential to be beneficial to your credit score. But it’s important to learn about potential mistakes to avoid along the way. Here’s what you need to know. Read more.
765How to Reduce, Manage and Prevent Financial Debt
July 15, 2024
There are steps you can take today to pay off your debt, get a handle on your debt load, and steer clear of it in the future. Here, we'll go for a deep dive on exactly how. Read more.