Compare the debt snowball and avalanche strategies to determine the best approach for conquering your debts for a smooth ...

In one viral video with 1.4 million views, TikTok user @wheretfisallmymoney explained how to pay off $10,000 of debt in just 19 months using the snowball method without exceeding more than $500 ...

Debt snowball vs. debt avalanche method: Step by step Getting started with the debt snowball or debt avalanche method involves the same steps with one key difference: which accounts you prioritize.

Data source: Chart and calculations by author. With the snowball method, you'd pay these off in the following order: Credit Card 3 Credit Card 1 Credit Card 2 If you paid an extra $500 per month ...

You may even erase your debt in less time, but you may not notice the results as quickly, so it could be hard to stay motivated. The “snowball” method: you tackle the smallest balance first.

She went from having £15,000 in liabilities to being debt-free, buying a house, and leveling up her financial goals. In a viral TikTok, she said the debt snowball method was how she did it.

The 'Snowball Method' aims to provide more early, little wins to keep you motivated. "Then there is another debt repayment method called the 'Avalanche Method,'" Valentine added.

CHARLOTTE — Looking to pay off credit card debt? Action 9 investigator Jason Stoogenke wants to make sure you know about the “avalanche” and “snowball” methods. In both cases, keep ...