FINANCE
Two loan payoff plans. One is cheaper.
The other is often more effective.
The Avalanche: Maximum Savings
This method targets high-APR debt first, minimizing total interest paid. But initial progress can feel slow.
The Snowball: Maximum Motivation
Clearing small balances creates quick wins, boosting commitment. The trade-off is paying more interest over time.
Which Plan Fits You?
The full guide analyzes the financial and psychological trade-offs of each payoff strategy.
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