Welcome to Day 15 of the 30-Day Financial Transformation!
Today’s tip: Prioritize your debts. 💳📉
Did you know that credit cards can have interest rates as high as 36% APR? Paying down your debts strategically can save you thousands in the long run.
Two Proven Methods:
1️⃣ Avalanche Method: Start by paying off debts with the highest interest rates first. This minimizes the total interest you pay.
2️⃣ Snowball Method: Focus on clearing smaller debts first for quick wins and a motivational boost.
Both strategies work—choose the one that keeps you consistent and motivated!
💬 Which method works best for you? Let us know in the comments!
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