Budget Nerds - #36 - The Debt Question... Snowball or Avalanche?

#36 - The Debt Question... Snowball or Avalanche?

03/23/22 • 27 min

1 Listener

Spend a little time with budgeters working hard to pay off debt and you'll hear the question: should you use the snowball method or the avalanche method to pay off debt? Though there are fierce proponents of both methods, Ben and Ernie say... why not both?

Ben shares his hot take on this controversial question, and they discuss a third method for paying off debt: the anger method!

YNAB Debt Bootcamp

https://www.youneedabudget.com/debt-bootcamp/

Follow Budget Nerds on YouTube:

https://www.youtube.com/channel/UCuIUGmbCDklkDCDm-cQqv2g

Ben shares his hot take on this controversial question, and they discuss a third method for paying off debt: the anger method!

YNAB Debt Bootcamp

https://www.youneedabudget.com/debt-bootcamp/

Follow Budget Nerds on YouTube:

https://www.youtube.com/channel/UCuIUGmbCDklkDCDm-cQqv2g

Previous Episode

#35 - Confessions of a Budget Nerd

Ben and Ernie confess their deepest, darkest budgeting habits in this episode, and share some confessions from listeners.

Follow Budget Nerds on YouTube:

https://www.youtube.com/channel/UCuIUGmbCDklkDCDm-cQqv2g

Next Episode

#37 - Houses on a Budget: Buying, Renovating, Mortgages, and More with Erin

Erin Lowell, a lead educator at You Need A Budget, joins the show to replace Ben.... just kidding, Ben is irreplaceable! But while he's out on paternity leave, Ernie is hosting the show with guests.

Erin has a LOT of experience budgeting, and a fair amount of experience buying and renovating houses, so she shares a recent experience buying a beautiful old home on a 15-year mortgage and renovating the kitchen on a budget, while managing the stresses of moving and being without a place to cook.

Follow Budget Nerds on YouTube:

https://www.youtube.com/channel/UCuIUGmbCDklkDCDm-cQqv2g