@hermoneymastery: My 2 favorite debt payoff methods are the snowball and avalanche methods. I personally used the snowball method to pay off over $10k debt in under a year. This is how they work - go make your plan and see how much faster your debt starts to disappear! Any extra money you can add to your plan will make a significant difference in the time it takes to pay them off. #budgetingtiktok #Budgeting #moneymindset #budgetingforbeginners #debtpayoff #debtfreejourney
Not for everyone, just a good tip: You can also get a personal loan, consolidate the debt into one payment and the amount you’re paying in interest is your monthly payment. Otherwise Avalanche is best
2024-09-14 15:45:01
4
Resse🇯🇲❤️📚❤️✈️❤️🍲❤️💬 :
With how many jobs
2024-09-04 17:07:58
11
Hobbes :
The snowball is just a mind game, you end up paying more in interest almost all the time unless the balances and interest rates align with the avalanche order
2024-11-05 16:09:20
0
Chaotic Witch 🪄 :
thank you baby I followed u on my other page in Feb it was hard but I have been debt free since july
2024-09-08 10:14:39
7
vanillawafer16 :
I have collections that i need to pay that are no more than roughly $3000, trying to get it together
2024-09-16 19:16:23
0
Marieanna :
thank you
2024-10-14 01:11:32
0
Catering Assara 🇧🇳 :
i use snowball back then and its work!
2024-11-07 17:44:06
1
Tre :
For snowball how would I find the minimum pay for each debt
2024-10-20 06:43:15
1
Nicole K - Artist 🇨🇦 :
I used the snowball method to pay off all my debt (line of credit, car payments, student loans) then put those payments into a savings account since I was used to not having the funds anyways
2024-11-04 19:06:37
0
RisingPhoenixYogi :
Oh it's here. I had commented on a recent video where these were. thanksA
2024-10-20 22:03:34
0
Leticia Chavez :
Snowball is easier to handle. it may take longer but it works.
2024-09-20 21:10:57
0
joanna rose :
Is either method more beneficial for improving or maintaining your credit score?
2024-09-23 17:19:41
1
Elizabeth K Green :
🥰🥰🥰
2024-12-20 15:40:30
0
Gwynz :
🥰🥰🥰
2024-10-26 05:30:50
0
Gigi :
If I want to pay off my cars should I follow this method as well?
2024-09-06 20:58:49
3
yai :
Waooooo, I just get all debts together and create a payment plan following your advices and I feel soo relief knowing where to start , Thank You so much you have help me alot in my financial.
2024-09-04 17:22:18
10
Monaé Amari | PA-S1 :
Do you have a video on just how to tackle paying of that first credit card debt? I understand the method but I need help with the initial one, I’m paying but feel like I’m getting screwed from
2024-09-06 16:55:11
1
Sublimemach :
I don’t get any of this. I have to pay minimum wage payments and I’m short 300 on rent each month working 70 hours a week with 3 kids. Where is extra money from?
2024-09-11 04:52:28
0
Candice :
I’ll try the snowball method.
2024-11-14 01:54:22
0
To see more videos from user @hermoneymastery, please go to the Tikwm
homepage.