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The Strategies shelf

6 essays in this section.
Why paying off the wrong debt first costs you more than you think
Strategies 5 min
Why paying off the wrong debt first costs you more than you think

Why paying off the wrong debt first costs you more than you think

Most people attack the smallest balance first because it feels good. That instinct isn't wrong, exactly — but it has a price, and the price...

Why paying off the wrong debt first costs you more than you think
Strategies 5 min
Why paying off the wrong debt first costs you more than you think

Why paying off the wrong debt first costs you more than you think

Most people default to paying off their smallest balance first. It feels good. It also costs an average of $1,200 more in interest than the...

Why paying off the wrong debt first costs you more than you think
Strategies 5 min
Why paying off the wrong debt first costs you more than you think

Why paying off the wrong debt first costs you more than you think

Most people start with the smallest balance because it feels manageable. Sometimes that's fine. Sometimes it quietly adds hundreds of dollar...

Strategies 5 min
Balance Transfer vs Personal Loan for Debt Payoff

Balance Transfer vs Personal Loan for Debt Payoff

Two popular options for consolidating debt—but which one will save you more money?

Strategies 4 min
Is Debt Consolidation Worth It?

Is Debt Consolidation Worth It?

Debt consolidation sounds appealing, but is it the right move for you? Here's how to decide.

Strategies 3 min
Debt Snowball vs Avalanche: Which Strategy Is Right for You?

Debt Snowball vs Avalanche: Which Strategy Is Right for You?

Compare the two most popular debt payoff strategies and discover which one fits your personality and financial situation.