Debt Snowball vs. Debt Avalanche: Which One Should You Use to Pay Off Debt Faster?

Both methods work. The best choice is the one you’ll stick with. Here’s how to decide—and how to start this week.

Debt Snowball (motivation-first)

• List debts smallest to largest balance

• Pay minimums on everything

• Attack the smallest debt with extra money

Debt Avalanche (math-first)

• List debts highest to lowest interest rate

• Pay minimums on everything

• Attack the highest-rate debt with extra money

Quick decision rule

If you’ve struggled to stay consistent, choose Snowball. If you’re disciplined and want the lowest total interest, choose Avalanche.

If you want a personalized payoff plan, book a free coaching session.