Ashley Eneriz is a financial writer who has been published on a myriad of sites. She has 10+ years of financial writing experience. Investopedia / Nez Riaz There are two popular strategies for paying ...

Paying off debt requires commitment and patience. You’ll need to carefully review your current debts, spending and budget and understand the available options you have at your disposal. With this ...

The snowball strategy’s main benefit is that it gives you quick wins. And focusing efforts on paying off one account (while making minimum payments on others) can make the process more manageable.