Snowball or Avalanche? Which is the best way to pay off debt?

A New Year is approaching and you have decided to take control of your budget. Awesome!

But how do you start? What about all that debt? There are so many options and theories out there, it is easy to say "forget it" and just go buy shoes. But wait! 

The only difference between the snowball and avalanche is the order that you will pay off your debts. It is really about personal preference and which one YOU will stick to. 

Here's the breakdown:

Snowball: you pay off your debts from smallest balance to largest balance, regardless of interest rates.  Avalanche: you pay your debts from highest interest rate to lowest interest rate, regardless of balance.

Still need more help? Need a  little more direction? I'm here to help and you KNOW I love to budget...and a good workshop, so join me on Jan. 8th for a co-ed "Build Your Budget Workshop".

This is a hands-on, leave with a budget workshop.

Here's what You will learn: 

• 3 Different ways to budget: What is your budgeting style?

• How to budget: 4 categories for your finances

• How to automate your finances

• Methods to pay down debt

Plus 3 tips for your tax refund. 

Get your ticket here before 12/20 and receive a complimentary, totally sexy, budget workbook.