Debt Strategy Selector

How It Works

If you have multiple debts, you've probably heard "snowball" (smallest balance

first) and "avalanche" (highest interest first) but can't see the tradeoffs

clearly. This skill runs both calculations, shows you the difference in time

and interest, and recommends the method that fits your motivation style.

What You Get

• Side-by-side payoff comparison (months to payoff + total interest) for snowball vs avalanche
• A recommended strategy with rationale (math + motivation fit)
• A payment plan: minimums on all debts, extra to the target, rollover rule
• A "what if" section showing the impact of extra $50/$100 per month
• A monthly tracking template

Setup Steps

1. List each debt: name, balance, APR, and minimum payment
2. Decide how much extra you can put toward payoff each month
3. Run the skill to see both strategies compared
4. Pick your method and automate payments
5. Track progress monthly and celebrate milestones

Tips

• Avalanche saves the most money; snowball gives the fastest first win — both work
• The best strategy is the one you'll stick with
• Never stop minimum payments on any debt while targeting another
• Re-run the skill whenever your situation changes (raise, new debt, windfall)