So you have decided to start paying down your debts. If you only have a mortgage that you can easily afford, this is not a problem. But if your are drowning in debt, what do you do? Let’s investigate the options you have here; the debt snowball and the debt avalanche. I will assess both debt strategies here, assisted by a case study with Jeff, who’s in quite some debt.
This book review about Total Money Makeover was published on my Dutch site Ontsladebaas.nl first. This article might contain affiliate links to the reviewed product. If you buy the product via my link, I receive a commission from the seller. This is at no extra cost to you. Total Money Makeover The book “Total Money Makeover” by Dave Ramsey was the first personal finance book I’ve read. I bought it via an American book store selling second hand books. The price I paid was 50 cents (way frugal I know!) … Read moreTotal Money Makeover (Dave Ramsey) – Book Review