tag:blogger.com,1999:blog-4018776856305219620.post2753893159440774574..comments2023-08-08T11:18:19.165-04:00Comments on Keeping Up With No One: Debt AvalancheKathyhttp://www.blogger.com/profile/13487456316176375454noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-4018776856305219620.post-65275468261278224172018-04-27T04:16:07.797-04:002018-04-27T04:16:07.797-04:00Thank you for sharing such valuable and helpful in...Thank you for sharing such valuable and helpful information, tips and knowledge. This gives me more insights on this. I would love to see more updates from you.<br /><br /><a href="http://www.parisfinancial.com.au/who-we-are/small-business-tax-champions/" rel="nofollow">Tax Advisor</a>Nina Athenahttps://www.blogger.com/profile/11942457078940283392noreply@blogger.comtag:blogger.com,1999:blog-4018776856305219620.post-64770693471368380532012-09-29T07:02:10.635-04:002012-09-29T07:02:10.635-04:00Some people feel that debt avalanche method is muc...Some people feel that debt avalanche method is much better than debt snow ball method. This is because <a href="http://www.debtconsolidationcare.com/financial-infographics/snowball-avalanche.html" rel="nofollow">debt avalanche</a> method helps a person to pay off debts fast. In debt avalanche method, you pay off the highest interest debt first. Once that debt is paid off, you feel good. You have paid off the biggest debt. So, now you can focus on the other debts easily. <br /><br />It is wise to use a debt avalanche calculator. This will help you know the amount you'll save through debt avalanche method. Most importantly, this will assist you to make the right decision. <br />Good Nellyhttps://www.blogger.com/profile/07059909091954967370noreply@blogger.comtag:blogger.com,1999:blog-4018776856305219620.post-14191245068491699542012-03-08T09:18:41.145-05:002012-03-08T09:18:41.145-05:00WOW that calculator was enlightening!! I always s...WOW that calculator was enlightening!! I always sort of assumed that a debt snowball would cost me more in interest than an avalanche, simply because the lowest interest rate loan is our mortgage, which is a WAY higher dollar amount than either of our student loans. But apparently we'd actually save $2463 in interest payments by snowballing instead of avalanching.<br /><br />Also a pleasant surprise: Apparently if we follow this approach faithfully (applying the payment(s) that would have gone to student loans to the mortgage once the student loans are paid off), we will be mortgage-free in just over 11 years - a whopping 16 years ahead of schedule!!Stephaniehttps://www.blogger.com/profile/15010899773028369679noreply@blogger.com