What is Snowball vs Avalanche? Snowball and avalanche are two of the most popular debt reduction strategies. As you become ...

When I finished graduate school, I had $72,000 in student loans weighing me down. But less than a year after graduation, I’d paid it all off, thanks to the debt snowball method and some hefty ...

The “snowball method” is going viral on TikTok, with its creator claiming it’s the fastest way to pay down debt. Dave Ramsey, the famed finance expert who is the brains behind the budgeting hack, ...

Credit card, mortgage and other debt balances are on the rise, thanks in part to a combination of inflation and high interest rates. Credit card balances were particularly affected, increasing by 5.8% ...

Credit card debt is expensive and potentially bad for your credit score. The most cost-effective method for paying it off is typically the debt avalanche strategy.

Carrying debt can take an emotional and financial toll, so it’s best to pay it off as efficiently as possible. The snowball method has you getting rid of your smallest debts first. The avalanche ...

Here’s a common scenario: you’ve got multiple debts — credit cards, personal loans, maybe even an auto loan — and their interest rates and balances are piling up. Figuring out how to lift that ...

SPONSORED CONTENT is content paid for by a partner. The McClatchy Commerce Content team, which is independent from our newsroom, oversees this content. Money Research Collective’s editorial team ...

Wondering if your debt load is too high? Here's how to gauge it — and what else you should keep in mind right now.