Two of the most popular strategies for debt elimination are the debt avalanche and debt snowball methods. More often than not, the debt snowball method is cited as the “best” way to pay off debt.

Here’s what you should consider when choosing a strategy.

When I finished graduate school, I had $72,000 in student loans weighing me down. But less than a year after graduation, I’d paid it all off, thanks to the debt snowball method and some hefty ...

Ramit Sethi has been helping people improve their finances for more than a decade. His book "I Will Teach You To Be Rich" has thousands of Amazon reviews and continues to resonate with many people on ...

The “snowball method” is going viral on TikTok, with its creator claiming it’s the fastest way to pay down debt. Dave Ramsey, the famed finance expert who is the brains behind the budgeting hack, ...

Note that the situation for student loans has changed due to the impact of the coronavirus outbreak and relief efforts from the government and many lenders. Check out our Student Loan Hero Coronavirus ...

Could your debt be reduced or forgiven? Take our financial relief quiz. Looking to pay off a mountain of debt as quickly as possible? You’re not alone. According to a 2023 study by Northwestern Mutual ...

Being saddled with debt can be stressful, especially if you're balancing that struggle with saving for long-term goals like growing your family or retirement. But if you do have debt, you’re certainly ...

This strategy is engineered to give you wins early in the process Written By Written by Contributor, Buy Side Ben Luthi is a contributor to Buy Side and an expert on credit, loans, insurance, student ...