I don't think you read quite right. That's not what David Bach said. He said use the DOLP principal. Take the balance of each card and divide by the minimum payment. You get a number, your DOLP number. Line up the cards with the lowest DOLP number first. Pay as much as you can towards the card with the lowest DOLP number first. Then, take that payment and plus the minimum on the next card and pay it down...you know the snowball type principal. Dividing the outstanding balance DOES take the interest rate into consideration, but lining them up by lowest DOLP number also takes into consideration which you can pay off first. In the long run, you probably will pay more interest. But most people won't stick with something unless they see results (i.e. paying off cards).I think David Bach's books are for beginners anyway. I think most Fools here are past the beginner stage, so no wonder most of the book was 'fluff' for you.When I first read it, I didn't know ANYTHING about finances, so I didn't consider any of it fluff. I hadn't even started tracking my expenses yet, so the common sense stuff was eye opening for me.Maybe you should move on to more advanced investing type books instead of personal finance. After reading David Bach's book and a few others, I started noticing that they all pretty much say the same thing, so I decided to move on to another genre: beginners investing.
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