But if you crunch the numbers, the avalanche method would save you $153 in interest, and you could pay everything off in 40 months (according to Magnify Money's snowball vs. avalanche calculator ...
Using a debt snowball calculator, we can calculate Susie will pay off the second debt by the end of Month #9 and be completely debt-free 29 months after she started. To visualize your own snowball ...
Depending on your personality, the feeling of "quick wins" from the debt snowball method can provide the nudges you need to keep making your payments, according to Tanya Taylor, a New York City ...