Let’s talk about your debt. Yes—that never-ending list of loans you’ve been paying for years… yet somehow, the balance barely moves.
Credit cards. Shylock Loans. Car loans. Mortgages. Mobile loans.
You’ve been making payments faithfully, but you’re not making real progress.
Why?
Because paying debt without a clear strategy is like bailing water out of a sinking boat without fixing the leak.
Here’s the truth:
You need a Roadmap. And in the world of debt repayment, there are two main routes—Snowball vs Avalanche.
The Snowball Method – Small Wins First
In the Snowball Debt Repayment Method, you:
- List your debts from smallest to largest, regardless of interest rate.
- Pay the minimum on all except the smallest.
- Attack the Smallest with everything you’ve got.
- When it’s gone, roll that payment into the next smallest.
Result?
Quick wins, psychological momentum, and motivation to keep going.
Best for you if: You need emotional wins to stay committed.
The Avalanche Method – Interest First
In the Avalanche Method, you:
- List your debts from highest to lowest interest rate.
- Pay the minimum on all, except the one with the highest interest.
- When it’s gone, hit the next highest.
Result?
You pay less in total interest and get out of debt faster.
Best for you if: You’re disciplined and motivated by saving money long-term.
Snowball Vs Avalanche: What’s the Catch?
It’s not about picking the “perfect” method—it’s about picking the one you’ll actually stick to.
The goal isn’t just to pay off debt—it’s to break free from it for good and start building a solid financial foundation.
I go deeper into both strategies—and how to choose the right one—in my book Winning the Game of Debt.
