Debt Crushing Series| Debt Avalanche Method

Description

n the second installment of the Debt Crushing Series will talk about the Avalanche Method.
Show More n the second installment of the Debt Crushing Series will talk about the Avalanche Method.

Debt Avalanche Method -This system is done by paying off your highest interest balances first.

This process is similar yet different from the Snowball Method. Instead of paying off your lowest balance card 1st, here you will pay off your highest interest balances first.

The first thing you will need to do is to look at all of your debt and the APR% of each debt. Once you have done this then you can start to pay off your highest percentage first.

Be aware of any promotional rates that you have during the time that you plan to use the Avalanche Method. If you are taking advantage of a promotional rate use the APR that will go into effect after the promotional rate is over.

If you have a promotional rate card with a low APR try to pay that off first to save money ( this is if it is attainable)

Learn about the Snowball Method here.

Visit us at Divasrfrugal.com and sign up to get your free Budget workbook.

___




SHOP AND SAVE

Want to gain effortless instant savings? Sign up with Digit

Digit - https://digit.co/r/ZGYlpVP86s?ab

Get instant cash rebates from your groceries:
Ibotta - rhttps://ibotta.com/r/aaykrhv
referral code: aaykrhv

Shop and save online with Ebates. Ebates gives rebates and coupons. - http://bit.ly/lashaunebates

Connect with me:

★BLOG: www.divasrfrugal.com
★TWITTER: DivasRFrugal
★INSTAGRAM: DivasrFrugal and LashaunV
★Periscope: LaShaunDivasrfrugal
★Snapchat: LaQueen86

★★For product reviews or business opportunities, please contact me at Hello@divasrfrugal.com★★

❤❤❤SUBSCRIBE, SUBSCRIBE, SUBSCRIBE –It won’t cost you anything but the click of a button :-) ❤❤❤

I will inform of all sponsored videos.
Show Less

More from La Shaun H.

• 

  LaShaunV. Vlogs; Vlogmas Day 2-3
  by La Shaun H.

• 

  Good Debt Vs Bad Debt| Is Good Debt vs Bad Debt...
  by La Shaun H.

• 

  Goal Setting Series: How to Maintain Your Goals
  by La Shaun H.

• 

  Top Nude Products under $11.00| Beauty on a...
  by La Shaun H.

• 

  Texturizer Journey Part 3
  by La Shaun H.