Rizqwise

Personal Finance for Muslims

  • Charity Course
  • Listen to the Show
  • Ask a Question
Don’t show this message again.

Rizqwise_FB_Profile_Picture_v0.02_2015-04-22

Take Control of Your Money

Rizqwise is a show about money, for Muslims. Join us to start making smarter financial decisions — without selling your soul.

  Email

  iTunes

  RSS

 

026 – Avalanche vs Snowball: Two Very Different Ways to Pay Off Debt

What’s the best way to pay off your debt?

There are two predominant strategies that the experts teach on how to pay down debt. One makes more mathematical sense, while the other considers the nature of human behaviour.

Which one is right for you? It depends on two things: you and your debts.

Tune in to this week’s episode to learn:

  • Which method will help you pay your debts as fast as possible.
  • When it makes sense to pay smaller debts first.
  • How to prioritize which debts to tackle before others.
  • What to do with different types of debt including credit cards and lines of credit.
  • When it makes sense to transfer balances from one debt to another.

Listen here…

026 – Avalanche vs Snowball: Two Very Different Ways to Pay Off Debtrizqwise
  • Social:
  • Link:
  • Embed:
https://rizqwise.com/wp-content/uploads/2015/11/RW026-Two-Ways-to-Pay-Down-Debt.mp3
Download Audio Subscribe

Show Notes

  • Debt Free Muslims Podcast
  • Get Out of Debt With the Snowball Plan – Dave Ramsey
  • Avalanche vs Snowball: Which is the best way to pay off debt?

Comments

  1. Zack says

    December 14, 2015 at 8:37 PM

    Great job Folks!
    I’m all amped to tackle debts one step at a time. Yes, you are right I am binge listener but I’m hoping to make it a routine thing.

    Bless
    Zack

    Reply
  2. Smithe457 says

    December 19, 2017 at 1:21 AM

    I don’t usually comment but I gotta admit thanks for the post on this great one dkdkdddedacfabde

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

We can be social too

  • Email
  • Facebook
  • Twitter

© 2025 Rizqwise