Editorial illustration of two paths down a mountain of debt: a snowball rolling downhill on one side, an avalanche of ice on the other

Credit Card Debt: Snowball vs Avalanche — Which Actually Works?

You have credit card debt. You want it gone. Every personal finance voice on the internet agrees on the strategy — throw every spare dollar at it — and then immediately starts fighting about the order. The debt snowball says: pay off your smallest balance first, whatever the interest rate. Quick wins keep you motivated. …

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