November 28, 2018

20 Truths About Holidays and Debt You Need to Know Right Now

You can pay off your debts efficiently using the debt snowball method

For people suffering a post-Christmas debt hangover, the seasonally appropriate “debt snowball” approach advocated by Dave Ramsey offers one way to get out of it. Pay off your smallest debt most aggressively, and once that’s paid off, move those payments to the next smallest and so on, allowing the payments on your largest commitments to ‘snowball’ over time.

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