It is true that emotions — your feelings about money — play an important role in financial decisions, and although this is a mathematical approach, how you feel about money still is represented in this method. If you follow the Debt Avalanche method, … If you have a personal loan from a family member, I usually suggest paying that debt off the quickest while paying minimums to your credit card to help retain good will within close relationships.
Continue reading about Debt Reduction Methods and Philosophies: Snowball, Avalanche and …
