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.
Tag high-interest debt
Should You Pay Off High-Interest Debt or Invest When Rates Are Falling?
Credit card rates average 21% even as the Fed cuts—meaning debt above 7% beats investing every time. Here's how to run the numbers for your situation.