Debt payoff: avalanche vs snowball
This lesson is part of the course
In this lesson
You compare two ways of paying off two cards with the same monthly budget, month by month.
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Lessons in this course
- Your monthly budget & the 50/30/20 rule Locked
- Track your spending by category (SUMIFS) Locked
- Emergency fund & savings goals (NPER, PMT) Locked
- Debt payoff: avalanche vs snowball Locked
- Credit card interest & minimum payments Locked
- Compare loans & mortgages (PMT, extra payments) Locked
- Compound growth & investing (FV, real return) Locked
- Your retirement number (4% rule) Locked