9min chapter

Nikonomics - The Economics of Small Business cover image

68 - How to Go From $260K in Debt to a Millionaire, in 5 years with Cori Arnold

Nikonomics - The Economics of Small Business

CHAPTER

Debt Repayment Strategies Explained

This chapter compares the debt snowball and debt avalanche methods, revealing their distinct approaches to managing debt. The speakers reflect on their journey from being in debt to gaining financial stability, sharing the strategies, decisions, and mindset changes that facilitated their progress. Personal anecdotes illustrate how understanding different repayment philosophies can significantly influence one's financial recovery and independence.

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