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re: Need advice on paying off debt

Posted on 10/8/17 at 1:18 pm to
Posted by meeple
Carcassonne
Member since May 2011
9436 posts
Posted on 10/8/17 at 1:18 pm to
Yeah Ramsey's debt snowball is really aimed at people with spending problems, so paying off the lowest balances, no matter the interest, gives these people a sense of accomplishment and quick reward. There is a place for this approach but it really depends on the individual
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