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Hot take: Paying off your smallest debt first is a trap most people shouldn't fall for.
I tried the debt snowball method for 4 months on $5,200 in credit card and car loan debt. Cleared the $300 card first, felt great, but the $4,900 car loan kept piling interest. My buddy did the avalanche method tackling high interest first, saved $400 in interest over the same time. Now I'm wondering if the emotional win of a small payoff is worth the extra cost long term. Anyone else ditch the snowball for something that actually saved them cash?
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