The Debt Snowball and the Debt Avalanche

Basid: There's two biggies, a there's one, or it may be the same thing too, that i've heard of here and there in paying attention to personal finance stuff over the ears. The idea behind the debt snowball is to pay minimum payments on all the debts except the one with the smallest balance. And so this is really powerful because it focuses your efforts. So then if yo, then the we move on to kind of the other methodologies that are more proclaimed. I'm familiar with three or four, depending on how you count them.