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 ...

Key Points U.S. household debt is only trending higher. At the moment, debt is up to $18.2 trillion, which is up $4.6 ...

Being saddled with debt can be stressful, especially if you’re balancing that struggle with saving for long-term goals like growing your family or retirement. But if you do have debt, you’re certainly ...

What is Snowball vs Avalanche? Snowball and avalanche are two of the most popular debt reduction strategies. As you become ...

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 ...

Americans aren’t strangers to debt. The average consumer owes a little over $6,000 on credit cards, per the Federal Reserve, which is problematic given the rate at which credit card interest can ...