The average US wedding cost $US33,931 in 2018. My fiancé and I aren’t spending quite that much – a total of $US28,964 that we’re splitting with my parents – but we’re also clearing out debt at the same time we’re paying for our dream wedding. Using the debt avalanche strategy, […]
A few years out of college, Steven Donovan owed about $US118,000 on student loans, credit cards, a personal loan, and an auto loan, he said in a recent NerdWallet Q&A. After his student loan company tripled his monthly payment, Donovan moved back home with his parents and sold his luxury […]
American households hold a total of more than $US13.5 trillion in debt, including $US1.5 trillion in student loans. Eric Rosenberg used the debt avalanche payoff method and several of the tools below to pay off $US40,000 in student loans two years and six days after graduating. Most debt payoff tools […]
Because of their high interest rates, it can be hard to figure out where to start when you want to get out of credit card debt. Many families turn to the “debt snowball” method to repay their debts, which tackles small balances first. The “debt avalanche method,” on the other […]
