ilmscore | Prediction Details
"here you're going to organize your debts based off of the interest rates and then you're going to pay off the the highest interest rate debt first because that's the debt that's costing you the most money because if One debt is costing you 20% a year and another debt is costing you 7% a year you're paying way more in interest on the 20% debt so you want to pay that one off first"
By Minority Mindset | January 7, 2024 | Pending
From video
This LOOPHOLE Lets You (Almost) NEVER Pay a Mortgage Bill Again 01:09:40 - 01:09:56
Interpreted Prediction
The 'debt avalanche' method prioritizes paying off the debt with the highest interest rate first, as this saves the most money in the long run due to lower overall interest paid.

Prediction Details

Topic
Debt Management

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