ACCOUNTANT EXPLAINS: The FASTEST Way To Pay Off Debt This Year

🟢 DOWNLOAD MY FREE PERSONAL FINANCE TRACKER 🟢 https://www.alicecee.com/personalfinancetracker In this video I give a step by step live tutorial on how I would approach debts using the avalanche or snowball method. Having positive cash flow to tackle your debts is the first step. People often have many questions on whether the avalanche vs snowball method is better and I cover the difference and things to consider when you are ranking debts. I also talk about debt consolidation and ways to improve your credit limit if you are currently in debt or are trying to get out of debt. TIMESTAMPS 00:00 Introduction 01:12 What Is Required? 01:38 Example $15,000 Credit Card Balance 02:11 How To Approach Debt Repayment 03:40 Avalanche Method 04:43 Ranking Debts 07:47 Snowball Method 08:20 Comparing Avalanche vs Snowball Method 10:18 Debt Consolidation 11:25 Increase Credit Limit WHERE TO FIND ME ⭐️ My Weekly Newsletter - https://alicecee.beehiiv.com/ ⭐️ My Community - skool.com/digital-demand/about ⭐️ Linkedin - https://www.linkedin.com/in/alicecee/ ⭐️ Instagram - https://www.instagram.com/alicecee_/ ⭐️ Twitter - x.com/TheAliceCee ⭐️ Threads - threads.net/@alicecee_ RELATED VIDEOS 🟠 Paying Off Debt vs Investing - https://youtu.be/kAxYeeC5rvU 🟠 How To Organize Your Finances In 6 Months - https://youtu.be/4ShtXsOc9kw 🟠 Index Fund vs ETF vs Mutual Fund - https://www.youtube.com/watch?v=hl3F2_36Mh4&t=5s 🟠 How The Top 1% Think - https://youtu.be/O3AN8IWlSoM 🟠 How To Go From 0-100k This Year - https://youtu.be/x4jyCJpy3Bs 🟠 6 Levels Of Wealth In America - https://youtu.be/BbdfjJAJJhU 🟠 Should You Buy Lease Or Finance A Car - https://youtu.be/VOd_WJu98Go