Here’s a common scenario: you’ve got multiple debts — credit cards, personal loans, maybe even an auto loan — and their interest rates and balances are piling up. Figuring out how to lift that ...

Carrying debt can take an emotional and financial toll, so it’s best to pay it off as efficiently as possible. The avalanche method aims to save you money on interest. Are you ahead, or behind on ...

When I finished graduate school, I had $72,000 in student loans weighing me down. But less than a year after graduation, I’d paid it all off, thanks to the debt snowball method and some hefty ...

The debt snowball method of paying off debts in order from smallest to largest can help you rack up quick wins for motivation. Many, or all, of the products featured on this page are from our ...

One of the best ways to pay off credit card debt (and other debts) faster is to pay more than you have to each month — even ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Thomas J Catalano is a CFP and Registered Investment Adviser with the state of South ...

I recently saw a snowball stand at a local event and immediately thought two things: 1) I really needed one, and 2) these are just as satisfying as a debt snowball — where you’re crushing high ...

Ashley Eneriz is a financial writer who has been published on a myriad of sites. She has 10+ years of financial writing experience. Investopedia / Nez Riaz There are two popular strategies for paying ...

Carrying debt can take an emotional and financial toll, so it’s best to pay it off as efficiently as possible. The snowball method has you getting rid of your smallest debts first. The avalanche ...