Personal finance blogger Derek Sall knows that feeling well. He used the snowball method to pay off roughly $100,000 worth of debt (including his mortgage). "I suggest that people pay off their ...

But the avalanche method requires patience and persistence. Debt avalanche vs. debt snowball The debt avalanche and debt snowball are two ways to manage multiple debts. Both methods require making ...

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 ...