What you believe that they are the best option for you.

And when you start to believe that, that's when you can wander into debt and you start

making them rich off of your interests versus you actually becoming wealthy.

Hey guys, welcome to this episode of The Rachel Crews Show podcast.

I'm so glad that you're here.

In this episode, we're going to talk about the tricks to ditching debt fast.

I'll go over an article about how millennials may be depending on their parents too much

financially and what to do to help.

Then, I'll go over some secrets that credit card companies don't want you to know.

But first, let's talk about why I never recommend a debt avalanche method.

Take a listen.

I get this question all the time, so I kind of want to explain which each of these are

and why I recommend the snowball over the avalanche.

So every MC solutions, we teach these seven baby steps and that includes the debt snowball.

So these are seven steps that help people get out of debt, build wealth and become extremely

generous.

So it's starting off with a thousand dollar emergency fund and then step two is the debt

snowball.

But a lot of people again ask, okay, well, why not the debt avalanche?

Because when you look at both methods of paying off debts, again, both are paying off

debts.

So the thumbs up to that idea, we are paying off debt.

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