Comments by "k98killer" (@k98killer) on "This Hidden Wealth Engine Can Grow Your Money 5x Faster Than Saving" video.

  1. To be fair, though the debt snowball strategy does not optimize for accruing less interest cost over all, it does have two things going for it: 1) when the smallest debt is paid off, the debt maintenance payments for it cease, allowing the debtor to roll those payments into paying off the next debt; 2) the psychological effect of getting that small win at the outset helps maintain the resolve to complete the mission.
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