The “Debt Avalanche” Always Wins
What’s the best way to pay off debt? Use the “avalanche” method. Always.
Jesse Cramer created The Best Interest to explain personal finance and investing in simple terms. His writing has been featured by CNBC, MSN, The Motley Fool, and other national publications. He resides in Rochester, NY with his wife and their dog, where he works in wealth management. Follow Jesse on Twitter: @BestInterest_JC
What’s the best way to pay off debt? Use the “avalanche” method. Always.
Until 1984, the sailing world dismissed the existence of “rogue waves.” Oops. It’s an interesting story, and relates to an important lesson about today’s stock market.
Kanye recently said, “I’m not gonna argue with people that are broker than me about money.” Here are some thoughts from one of those people.
A reader asks if their $18K investment was a total mistake.
This will piss off some advisors, but not everyone needs professional financial help. Here’s the analogy I use to explain it.
Very, very quick.