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Debt Snowball vs. Avalanche: Which Is Right For You?

Debt Snowball vs. Avalanche: Which Is Right For You?

FromMarriage Kids and Money


Debt Snowball vs. Avalanche: Which Is Right For You?

FromMarriage Kids and Money

ratings:
Length:
44 minutes
Released:
Aug 21, 2023
Format:
Podcast episode

Description

When you’re starting out on your debt free journey it can be overwhelming deciding which debt payoff method to choose. In today’s episode, I chat with you about the two most popular debt payoff methods, the Debt Snowball Method and the Debt Avalanche Method. We talk about which one is right for you, debt consolidation pros and cons, and why 0% APR credit cards may be a strategy to consider (with caution)!
Debt Free Living Segment: 
Maeghan Jones, Atlanta-based real estate professional, joins the Marriage Kids and Money podcast to discuss how her family paid off $90k of debt, doubled their income, and changed their entire lives with financial literacy.
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OTHER EPISODES YOU MIGHT LIKE:

Allison Baggerly: Become Debt Free While Still Enjoying Life

How We Became Debt Free After Paying Off $50,000 in 1 Year

How to Stick to a Budget – with Kumiko Love from The Budget Mom


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Make My Kid a Millionaire Course: Want to make your kid a millionaire? Learn more about my course!


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SHOW INFORMATION: 
Marriage Kids and Money is dedicated to helping young families build wealth and happiness. This award-winning platform helps couples and parents achieve financial independence and discover the true meaning of wealth. 
To achieve these big goals, we answer questions and interview experts who uncover smart net worth building habits and tools that can help everyone find their own version of financial independence.
Learn more at https://www.marriagekidsandmoney.com 
HOST BIO: 
Andy Hill is the award-winning family finance coach behind Marriage Kids and Money - a platform dedicated to helping young families build wealth and happiness. 
Andy's advice and personal finance experience have been featured in major media outlets like CNBC, Forbes, MarketWatch, Kiplinger’s Personal Finance and NBC News. With millions of downloads and views, Andy’s message of family financial empowerment has resonated with listeners, readers and viewers across the world.   
When he's not "talking money", Andy enjoys being a soccer Dad, singing karaoke with his wife and watching Marvel movies.
DISCLAIMER:

This show may contain affiliate links or links from our advertisers where we earn a commission, direct payment or products.

Opinions are the creators alone.

Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice.

Marriage Kids and Money (www.marriagekidsandmoney.com) is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com.


CREDITS:

Podcast Artwork: Liz Theresa


Editor: Podcast Doctors


Podcast Support: Weir Digital Marketing



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Released:
Aug 21, 2023
Format:
Podcast episode

Titles in the series (100)

Are you looking to improve your family's financial wellness and create a life of true wealth and happiness? The Marriage, Kids and Money Podcast is dedicated to helping you do just that. Each week, Andy Hill interviews millionaire parents, couples who have reached financial independence, and financial industry experts like Chris Hogan, Paula Pant, JL Collins and Rachel Cruze (the daughter of Dave Ramsey). These interviews are meant to provide you with easy-to-understand information and actionable takeaways you can use to give your family the life they deserve. With over 200 episodes and counting, Marriage, Kids and Money has been nominated as “Best Podcast of the Year” and been awarded “Best Family Finance Blog” by Plutus. Show topics include everything from how to pay off your mortgage early to how to help your kids become future millionaires (who are generous). Join the family wealth-building conversation by listening to this 5-star rated family empowering podcast today!