2min chapter

Rich Habits Podcast cover image

8: Financial Mistakes to Avoid in Your 20s & 30s

Rich Habits Podcast

CHAPTER

How to Get Rid of Credit Card Debt as Fast as Possible

There's two methods to get rid of credit card debt as fast as possible. One is called the debt snowball or the avalanche method. In both, you list your debts from smallest to largest and then tack that highest interest rate debt with a vengeance. Then roll those minimum payments into the last one there at the lowest interest rate. At the end of it, you'll be debt free.

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