October 26 2025

Debt payoff strategies depend on your personality – look for an approach you can stick with.

 

Debt snowball attacks the smallest balances first to offer psychological wins.

 

Debt avalanche focuses on the highest interest rates to minimize total interest.

 

Avoid racking up new debt while paying off existing debt.

 

Don’t forget to celebrate every debt elimination to keep your momentum toward being debt-free!

 

Building a Debt Reduction Plan in 5 Absolutely Simple Steps

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