Brought to you by the Every Dollar app. Start budgeting for free today. When paying debt off,

should I focus on credit cards with a zero percent interest rate, but a higher balance,

or a higher interest rate with a lower balance? Ah, to do or not to do, to interest or not to interest,

that is the question. The age old riddle. Hit them with it.

Okay.

It's simple, but it's hard to grasp and to fully just take action on because the math says,

why wouldn't you knock out the highest interest first because you're saving the most money,

right?

Right.

Well, we have found is the people who actually successfully get out of debt once and for

all they do the debt snowball method which is just smallest to largest balance you can cross out the

interest rate imagine it does not exist 0% 50% just pay off the smallest balance first what that does

is it frees up a payment to apply to the next one,

gets you out of debt faster. It builds more momentum and actually lets you see the light at the

end of the tunnel. So that's the benefits of the debt snowball. It's been proven not just by Dave

Ramsey, but and the millions of people who have done it, but Time magazine, Harvard Business

Review, they all came out and said, Dave Ramsey was right. The debt snowball method is the best way.

If you want to finish.

If you actually want to succeed at it.

Now, we can do math all day and go, well, you could save $200 by doing the avalanche method.

But at the end of the day, it's what's going to get you out of debt.

And that takes behavior change, and the debt snowball method tackles behavior more than anything.

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