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Subject:  Re: cash flow vs. interest rates Date:  7/10/2014  9:07 AM
Author:  Jeanwa Number:  308348 of 312987

I don't like snowballing. There, I said it. I just don't like it. It bothers me to ignore potentially payoff-able debt to focus on just one debt at a time. I not only don't like it, I hate it.
And you know what AJ, I'm not doing it anymore. I'm going to back away from the car and student loan for now. But the 3k balances r fair game at this point.


Do you hate snowballing so much you are willing to pay more for not doing it?

You're not ignoring payoff-able debt, you're still paying it down. It's the total debt that is reduced faster using snowballing.

That said, it is great that you are paying down the debt and not adding to it.

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