"From a purely mathematical view, the avalanche method will always result in the most debt reduction per dollar, since the most expensive debt will be eliminated first. The intention with this method is to eliminate your highest-interest-rate debts first in order to save money."

Authors

• Person: Not available Organization: Business Insider
  Debt snowball vs. debt avalanche: Which strategy is right for you?

Sources

• Debt snowball vs. debt avalanche: Which strategy is right for you? www.businessinsider.com Business Insider via serper

Referenced by nodes (1)

• Debt Avalanche method concept