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Octavian Ernest

チャンネル登録者数 2010人

1452 回視聴 ・ 4いいね ・ 2025/04/20

Debt Avalanche vs. Debt Snowball — Which is the best debt repayment strategy for YOU in 2025?

In this video, we break down both the Debt Avalanche and Debt Snowball methods using a real-life example:
Credit Card 1: $3,000 at 18% interest
Credit Card 2: $2,000 at 10% interest

Best Way to Pay Off Debt Fast in 2025! | Debt Avalanche vs. Snowball Method 💸

The Debt Avalanche method focuses on paying off high-interest debt first, saving you more money over time.
The Debt Snowball method targets the smallest balance first for quicker wins and motivation.

💡 Which method is better for YOU? Whether you value psychological motivation or long-term savings, this video helps you decide.
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👇 Chapters:
0:00 Intro
0:10 What is Debt Avalanche?
0:15 What is Debt Snowball?
0:25 Real Life Example
0:30 Which Saves More Money?
0:34 Which Should You Choose?
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