Totally agree—seen this happen a lot. Avalanche looks great on paper, but debt repayment is as much about psychology as it is math. If snowball keeps someone motivated and moving forward, that's the right call every time.
"Avalanche looks great on paper, but debt repayment is as much about psychology as it is math."
That's an insightful point. I've often wondered if there's a middle ground between the two methods. For instance, starting with snowball to build momentum, then switching to avalanche once confidence and habits are established. Has anyone tried combining these approaches, and if so, how did it work out in practice? Curious if a hybrid method might offer the best of both worlds...
I've actually seen a few clients successfully blend the two approaches—and honestly, it's not a bad idea at all. Debt repayment is definitely part psychology, part math, and part "why did I buy that espresso machine again?"...
A hybrid approach can give you that initial psychological boost by knocking out a smaller balance first, then shift gears into avalanche mode to tackle higher-interest debts. One client started with snowball because she needed that early win—paid off her smallest card super quick, felt like a debt-slaying superhero, and then transitioned smoothly into avalanche. She ended up saving more interest in the long run without losing motivation.
But it really depends on your personality. If you're someone who thrives on quick victories—celebrating with a slice of cake every time you close an account—then starting small might be key. On the other hand, if spreadsheets and interest rate comparisons excite you (yes, these people exist), you might find avalanche rewarding from day one. Either way, finding what keeps you motivated is half the battle.
I blended both methods myself a few years ago—started by knocking out a small store card first, just to feel like I was making progress. After that little confidence boost, it felt easier to tackle the bigger balances with higher interest. Have you thought about trying something similar?
I totally get why you'd blend the two methods. When I first started tackling my debt, I was pretty overwhelmed by the bigger balances. Honestly, knocking out that small card first gave me a sense of control I hadn't felt in ages. After that, it was easier mentally to chip away at the higher-interest ones. It's funny how much of debt repayment is psychological, isn't it? Anyway, sounds like you're on a solid path—keep it up!
