Tax Refunds Are Coming—Should You Take The Avalanche Or Snowball Approach To Paying Down Credit Card Debt?

Tax Refunds Are Coming—Should You Take The Avalanche Or Snowball Approach To Paying Down Credit Card Debt?

Essence Magazine:

By Jasmine Browley ·Updated February 29, 2024

 $1.129 trillion.

That’s the total amount of credit card debt Americans are buried in right now, and it’s on pace to get higher as the country continues to grapple with rising living costs. We all know how expensive credit card

This post first appeared in Essence Magazine. Read the original article.