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.
See the rest here:
Debt Reduction Methods and Philosophies: Snowball, Avalanche and …
Tags: article, carnival, debt, debt-avalanche, debt-reduction, first, house, investing, personal, personal finance, podcast, reduction, snowball, taxes
