Summary
The article explains the debt avalanche method as a strategic way to pay off multiple debts by prioritizing the highest-interest debts first. It shows how borrowers continue making minimum payments on all debts while directing any extra money toward the most expensive loan. Once that debt is cleared, they move to the next-highest interest rate, repeating the process until all balances are paid. The method helps reduce total interest paid and can shorten repayment time. While it may require patience and discipline, it appeals to people focused on long-term savings over quick motivational wins.
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