There are two popular ways to tackle debt: the avalanche method and the snowball method. Using the first, you prioritize paying down the debts with the highest interest rates. Using the second, you focus on knocking out the smallest debts to get the momentum going.
Here’s a cheat sheet created to do just that, you can determine how much the amount to pay off each month based on the interest rate charged. Get it now and share with your friends!
To Your Financial Success!