So you’re ready to crush your debt.
Awesome. But now you’re hearing about two different strategies: the Debt Snowball and the Debt Avalanche.
Which one’s better? Which one actually works?
Let’s break it down — Dude style.
The Debt Snowball Method
Here’s how it works:
- List your debts from smallest to largest (ignore interest rates for now).
- Pay minimums on everything except the smallest debt.
- Attack the smallest debt with everything you’ve got.
- Once it’s gone, roll that payment into the next smallest.
Like a snowball rolling downhill, your momentum builds.
Pros:
- Quick wins boost your confidence
- Simple and easy to follow
- Great for people who need motivation
Cons:
- You might pay more interest over time
The Debt Avalanche Method
Here’s this one:
- List your debts by interest rate (highest to lowest).
- Pay minimums on everything except the highest-interest debt.
- Attack that one hard.
- Once it’s gone, move to the next highest.
Pros:
- Saves the most money in interest
- Gets you out of debt faster (on paper)
Cons:
- Progress feels slower if your highest-interest debt is big
- Can be harder to stay motivated
Snowball vs. Avalanche: Which Should You Pick?
- If you need motivation → Go with the Snowball. Those early wins will keep you fired up.
- If you’re a numbers-driven, disciplined person → The Avalanche saves you the most cash.
Here’s the real secret: The best method is the one you’ll actually stick to.
The Dude’s Take
Don’t get stuck overthinking the method. Just pick one, start attacking your debt, and stick with it.
Because whether you snowball or avalanche, the goal is the same: freedom from payments.
“Want my Debt Payoff Calculator (works for both snowball and avalanche)? Join the Dude’s list — real tools, no BS.”
Go Here: www.financialfreedomdude.info
