Families Unlock Financial Peace Comprehensive Guide Inside

Debt Management Strategies

Debt can be a significant barrier to financial peace. Prioritizing debt repayment can free up resources for savings and investments. The snowball method, where you pay off the smallest debts first, can build momentum and motivation². Alternatively, the avalanche method, focusing on high-interest debts, can save you money in the long run. Explore these options to find the strategy that best suits your family's needs.