The Debt Snowball allows you to make a simple change to your behavior and systematically pay off debt at an accelerated rate.

After researching debt payoff strategies, I met with certified financial planner André Small, to see if it made more sense for me to take a debt snowball or avalanche approach. Here's what he shared.

Learn how to get out of debt in 2025 by following these four steps, starting with knowing what you owe and committing to a ...

Rising household debt has left many grappling for control, but a clear strategy can pave the way to financial independence.

No one wants to be burdened with loans. However, it’s inevitable at times to borrow money for important purchases such a ...

But instead of jumping right back into paying off their debt using the snowball method, they decided to tweak their plan and pivoted to paying off their car loans first. Even though many financial ...

So be sure you have a plan for paying off the balance or you could be trading one high-interest debt for another. If you're juggling multiple large debts, a debt consolidation loan combines them ...

If your DIY efforts need some help, consider a debt consolidation loan. Approach your financial institution for a loan to ...

Millennials are now the largest debt holders in Canada, overtaking baby boomers for the first time, says a quarterly study out today. TransUnion’s Consumer Pulse for the fourth quarter of 2024 shows ...

The Federal Reserve may have cut interest rates last year, but credit card APRs are still well over 20%. If you carry a ...

As personal loans rise in popularity, optimising becomes essential for effective financial management. Financial planners ...