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Avalanche method pays debt with highest interest rate first (mathematically optimal) while minimum-paying others.

चरण-दर-चरण मार्गदर्शिका

  1. 1Input all debts with balances and rates
  2. 2Order by interest rate (highest first)
  3. 3Calculate payoff timeline and total interest

हल किए गए उदाहरण

इनपुट
Credit card 18%, student loan 4%, car 5%
परिणाम
Pay credit card first, saves ~$3,000 vs. snowball method
Interest savings significant

सामान्य गलतियां जिनसे बचना है

  • Not accounting for minimum payments
  • Neglecting new charges during payoff

अक्सर पूछे जाने वाले प्रश्न

Vs. snowball method?

Avalanche saves most money; snowball provides psychological wins (small balances first).

सेटिंग्स