Start by crunching the numbers on both methods. You can find a “debt snowball vs. avalanche” calculator online that will do the math for you and provide a payoff schedule for each method.

Two common methods are the debt snowball and the debt avalanche. Debt avalanche involves paying off the debt account with the highest interest rate first. This plan may help you organize your ...

undebt.it. "Free Online Debt Snowball/Avalanche Calculator." Vertex42. "Debt Snowball Calculator." Federal Reserve Bank of New York. "Household Debt and Credit Report." Tally. "How Tally Works." ...

The website's debt snowball calculator is ideal for those working to pay down balances, says Kelsa Dickey, a financial coach with money management firm Fiscal Fitness Phoenix in Arizona.

Depending on your personality, the feeling of "quick wins" from the debt snowball method can provide the nudges you need to keep making your payments, according to Tanya Taylor, a New York City ...