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.

At 21.51% average APR, credit card debt destroys wealth faster than most investments build it. Here's how to decide when to pay down debt and when to invest.