What Is The Best Method To Pay Off Debt?

Hey Rich Girls, Kirby here -  listen, when it comes to tackling debt, there is a LOT of noise when it comes to choosing how to pay it off. If you listen to the likes of Dave Ramsey, then you’ve probably heard of the debt snowball method, where you pay off your smallest debts first and work your way up to your largest debt. Or you may have heard of the avalanche method, which prioritizes paying off the debt with the highest interest rate. But is there a right choice?

**please note this is not investment advice, just my opinion & should be used for entertainment purposes only**

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ARTICLES MENTIONED:
Average American Debt in 2024: https://www.businessinsider.com/personal-finance/average-american-debt

Snowball Method: https://www.ramseysolutions.com/debt/get-out-of-debt-with-the-debt-snowball-plan

Avalanche Method: https://www.bankrate.com/personal-finance/debt/debt-avalanche-method/

Debt Consolidation: https://www.nerdwallet.com/m/loans/personal-loans/consolidation-loans?utm_source=goog&utm_medium=cpc&utm_campaign=pl_mktg_paid_roundup_debt_consolidation&affiliateId=1347&affiliateName=Google_PL_MP&subId1=pl_mktg_paid_roundup_debt_consolidation&utm_term=&gad_source=1&gclid=Cj0KCQjw6auyBhDzARIsALIo6v9veKOQzKeh-ZIRagmQq8K-qEk_0itOGk5F-21bdpECUkCBR3XsGCIaAgutEALw_wcB


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