How a Single Parent Used a Debt Avalanche Strategy to Pay Off $40,000 in Three Years

$40,000 gone in 36 months — a single parent eliminated credit card and loan debt by targeting 24% APR balances first. Here's exactly how the debt avalanche worked.

$40,000 gone in 36 months — a single parent eliminated credit card and loan debt by targeting 24% APR balances first. Here's exactly how the debt avalanche worked.

A single-income renter wiped out $28,000 in credit card debt in 18 months using the debt avalanche method, a 0% APR balance transfer, and zero-based budgeting.