The Debt Avalanche Illusion: Why Emotional Momentum Always Beats Pure Mathematics
If you consult any spreadsheet enthusiast, corporate accountant, or mechanical economist on the absolute best way to liquidate outstanding liabilities, they will provide a highly uniform, mathematically perfect answer: execute the Debt Avalanche. The mechanics are simple: arrange your debts in descending order based on their respective interest rates, pay the statutory minimums on all … Read more