{"id":9051,"date":"2024-10-14T06:26:29","date_gmt":"2024-10-14T10:26:29","guid":{"rendered":"https:\/\/parmaks.com\/Resources\/which-is-best-for-me\/"},"modified":"2024-10-14T06:26:29","modified_gmt":"2024-10-14T10:26:29","slug":"which-is-best-for-me","status":"publish","type":"post","link":"https:\/\/parmaks.com\/Resources\/which-is-best-for-me\/","title":{"rendered":"Which is Best for Me?"},"content":{"rendered":"<p> <a href=\"https:\/\/hop.clickbank.net\/?affiliate=infohatch&amp;vendor=J1R2C\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-10614 aligncenter\" src=\"http:\/\/parmaks.com\/Resources\/wp-content\/uploads\/2025\/05\/profit-gen400px.png\" alt=\"Profit Gen\" width=\"400\" height=\"217\" srcset=\"https:\/\/parmaks.com\/Resources\/wp-content\/uploads\/2025\/05\/profit-gen400px.png 400w, https:\/\/parmaks.com\/Resources\/wp-content\/uploads\/2025\/05\/profit-gen400px-300x163.png 300w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a><br \/>\n<\/p>\n<div itemprop=\"text\">\n<p>Making decisions is a part of life.<\/p>\n<p>Some decisions are tough\u2026 some are simple.<\/p>\n<p>Some are made spontaneously\u2026 while others require a great deal of thought.<\/p>\n<p>Common decisions we all face include:<\/p>\n<div class=\"wp-block-ugb-icon-list ugb-icon-list ugb-ba0a8fb ugb-icon-list--v2 ugb-icon--icon-cross ugb-main-block\" id=\"\">\n<div class=\"ugb-inner-block\">\n<div class=\"ugb-block-content\">\n<ul>\n<li>Which college to attend, if at all<\/li>\n<li>Which job to take<\/li>\n<li>Which person to marry<\/li>\n<li>Whether or not to have children<\/li>\n<li>Where to live<\/li>\n<li>Which car to buy<\/li>\n<li>How to pay off our debt <\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n<h2 class=\"wp-block-heading\" id=\"h-how-to-pay-off-our-debt\"><span class=\"ez-toc-section\" id=\"How_to_pay_off_our_debt\"\/><strong><em>How to pay off our debt. <\/em><\/strong><span class=\"ez-toc-section-end\"\/><\/h2>\n<p>We\u2019ve all been there.<\/p>\n<p>Debt, by definition, is \u201cthe state of owing money\u201d.<\/p>\n<p>Even if you have a credit card that you pay in full every month, you are in debt for that month.<\/p>\n<p>Mortgages are debt.<\/p>\n<p>Car payments are debt.<\/p>\n<p>Debt is debt.<\/p>\n<p>Maybe you\u2019re in good standing, but it\u2019s still there.<\/p>\n<p>We can\u2019t escape it\u2026 well, unless you pay cash upfront for everything.\u00a0<\/p>\n<p>And if you do that\u2026 well, then you have my congratulations and permission to stop reading now!<\/p>\n<p><em>Seriously, stop. <\/em><\/p>\n<p>But if you\u2019re like most of us, debt is a part of your life.<\/p>\n<p>And how you go about paying it off will dictate your lifestyle.<\/p>\n<p>Enter <strong>\u201cDebt Snowball vs. Debt Avalanche\u201d.<\/strong><\/p>\n<p>In this article, I will:<\/p>\n<ol class=\"wp-block-list\">\n<li>Guide you through getting started<\/li>\n<li>Explain the difference between these repayment methods<\/li>\n<li>Provide examples of how to apply them to your financial situation<\/li>\n<li>Ultimately help you decide which method is best for you<\/li>\n<\/ol>\n<h2 class=\"wp-block-heading\" id=\"h-debt-repayment-where-do-i-begin\"><span class=\"ez-toc-section\" id=\"Debt_Repayment_Where_do_I_begin\"\/>Debt Repayment: Where do I begin?<span class=\"ez-toc-section-end\"\/><\/h2>\n<p>Before we get into the specifics of debt snowball vs. debt avalanche\u2026 you will need to review the total amount of monthly income you have available to pay down any debts.<\/p>\n<p>This amount should <em>exclude<\/em> any money that you\u2019ve allocated for living expenses, such as:<\/p>\n<ul class=\"wp-block-list\">\n<li>Mortgage<\/li>\n<li>Food<\/li>\n<li>Childcare<\/li>\n<li>School<\/li>\n<li>Transportation (gas, bus or train fair, etc\u2026)<\/li>\n<\/ul>\n<p>Now\u2026<\/p>\n<p>Once all of your living expenses are taken care of, how much do you have left each month?<\/p>\n<p>This amount is what you should be drawing from to pay down your debt\u2026<\/p>\n<p>I like to call it the \u201cfree cash\u201d figure.\u00a0<\/p>\n<p>Here\u2019s an example:<\/p>\n<figure class=\"wp-block-table\">\n<table>\n<tbody>\n<tr>\n<td>\n<p style=\"text-align: center;\">\u00a0 7500.00<\/p>\n<\/td>\n<td>\n<p>total net household monthly income<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\">\u2013<u>\u00a05300.00<\/u><\/p>\n<\/td>\n<td>\n<p>total monthly living expenses<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p style=\"text-align: center;\">\u00a0 2200.00<\/p>\n<\/td>\n<td>\n<p><strong><span style=\"color: #00d084;\" class=\"ugb-highlight\">your free cash figure<\/span><\/strong><\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>Ok.<\/p>\n<p>Now that we\u2019ve established your debt repayment allowance, we can get down to business.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-what-is-debt-snowball\"><span class=\"ez-toc-section\" id=\"What_is_Debt_Snowball\"\/>What is Debt Snowball?<span class=\"ez-toc-section-end\"\/><\/h2>\n<p>Debt Snowball is a term coined by Dave Ramsey, the man behind the <u><a href=\"https:\/\/www.developgoodhabits.com\/cash-envelope-system\/\" data-lasso-id=\"24400\">cash envelope<\/a><\/u> budgeting system.\u00a0<\/p>\n<p>It is a debt repayment strategy.<\/p>\n<p><u><a rel=\"nofollow noopener\" data-lasso-id=\"24401\" href=\"https:\/\/www.daveramsey.com\/blog\/how-the-debt-snowball-method-works?int_cmpgn=no_campaign&amp;int_dept=dr_blog_bu&amp;int_lctn=Blog-Text_Link&amp;int_fmt=text&amp;int_dscpn=\" target=\"_blank\">With this method, <\/a><\/u>you choose to pay off your accounts starting with the smallest balances first\u2026 while paying the minimum payment on larger debts.<\/p>\n<p>Once the smallest debt is paid in full, you would proceed to the next slightly larger \u201csmall debt\u201d above that\u2026<\/p>\n<p>And so on and so forth, gradually proceeding to the larger debts last.<\/p>\n<p>Payments usually apply to minimum payments due, except for the first (smallest) debt.<\/p>\n<p>The interest rate is not a factor.<\/p>\n<p>Sound confusing?<\/p>\n<p>It can be.<\/p>\n<p>Don\u2019t worry.\u00a0<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><img loading=\"lazy\" width=\"711\" height=\"533\" decoding=\"async\" alt=\"Decide which debt repayment method between debt snowball and debt avalanche is best for you.\" style=\"width:450px;height:338px\" class=\"\" src=\"https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/10\/debt-snowball-stress.jpg\"\/><noscript><img loading=\"lazy\" width=\"711\" height=\"533\" decoding=\"async\" src=\"https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/10\/debt-snowball-stress.jpg\" alt=\"Decide which debt repayment method between debt snowball and debt avalanche is best for you.\" style=\"width:450px;height:338px\" class=\"\"\/><\/noscript><figcaption class=\"wp-element-caption\"> Student loans, credit cards, car payments or other types of debt probably keeps you up at night and causes you a lot of extra stress. <\/figcaption><\/figure>\n<\/div>\n<p>Take a deep breath and start with listing out all of your non-mortgage\/rent debts.\u00a0<\/p>\n<ol class=\"wp-block-list\">\n<li>Start with the debt carrying the smallest balance, working up to the largest<\/li>\n<li>If two debts have similar balances, the one with the higher interest rate goes first.<\/li>\n<\/ol>\n<p>Then:<\/p>\n<ol class=\"wp-block-list\">\n<li>Decide to pay the minimum balance on each debt.<\/li>\n<li>Determine how much extra can be applied towards the smallest debt.<\/li>\n<li>Pay the minimum payment, plus any extra money you could muster, on the smallest debt until it is paid off.\u00a0<\/li>\n<li>Once a debt is paid in full, add the old minimum payment (plus any extra amount available) from the first debt to the minimum payment on the second smallest debt, and apply the new sum to repaying the second smallest debt.<\/li>\n<li>Repeat until all debts are paid in full.<\/li>\n<\/ol>\n<p>It\u2019s not all that difficult, but I\u2019m a visual person.<\/p>\n<p>So here\u2019s a graphic example of the debt snowball repayment method:<\/p>\n<figure class=\"wp-block-table\">\n<table>\n<thead>\n<tr>\n<th>\n<p>Debt<\/p>\n<\/th>\n<th>\n<p>Total Balance Due<\/p>\n<\/th>\n<th>\n<p>Minimum Payment<\/p>\n<\/th>\n<th>\n<p>Adjusted Payment<\/p>\n<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\n<p>Amazon Visa<\/p>\n<\/td>\n<td>\n<p><span style=\"color: #cf2e2e;\" class=\"ugb-highlight\">(225.00)<\/span><\/p>\n<\/td>\n<td>\n<p><span style=\"color: #cf2e2e;\" class=\"ugb-highlight\">(15.00)<\/span><\/p>\n<\/td>\n<td>\n<p>* Assume this is paid off<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>American Express<\/p>\n<\/td>\n<td>\n<p>6,500.00<\/p>\n<\/td>\n<td>\n<p>90.00<\/p>\n<\/td>\n<td>\n<p>90+15.00 (105.00) until paid off<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Auto<\/p>\n<\/td>\n<td>\n<p>10,300.00<\/p>\n<\/td>\n<td>\n<p>285.00<\/p>\n<\/td>\n<td>\n<p>285.00 + 105.00 (390.00) until paid off<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Discover<\/p>\n<\/td>\n<td>\n<p>19,900.00<\/p>\n<\/td>\n<td>\n<p>325.00<\/p>\n<\/td>\n<td>\n<p>325.00 + 390.00 (715.00) until paid off<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p><strong>NOTE:<\/strong> If this debt is paid in full, and you find yourself in a position to put the entire balance (225.00 in this case) plus the minimum payment towards the next debt\u2026 you will accelerate your debt repayment schedule.<\/p>\n<p>Once each debt is paid off in ascending order, adding the prior minimum payment will escalate the rate at which you pay the next debt.<\/p>\n<p>Get it?<\/p>\n<p>You will.<\/p>\n<p>Debt snowball is great for those of us who need a little <u><a href=\"https:\/\/www.developgoodhabits.com\/best-personal-finance-books\/\" data-lasso-id=\"24402\">extra motivation<\/a><\/u>.<\/p>\n<p>Those of us who like to \u201ccheck things off our list\u201d, so to speak.<\/p>\n<p>If you pay debt down to \u201czero\u201d, regardless of how big\u2026 it can give you a sense of accomplishment you need to pay off the next one quickly.<\/p>\n<p>And the one after that\u2026<\/p>\n<p>And the one after that\u2026<\/p>\n<p>And so on.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><img loading=\"lazy\" width=\"708\" height=\"531\" decoding=\"async\" alt=\"Here's how to use the debt snowball method and debt avalanche method for climbing out of debt.\" style=\"width:450px;height:338px\" class=\"\" src=\"https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/10\/debt-snowball-process.jpg\"\/><noscript><img loading=\"lazy\" width=\"708\" height=\"531\" decoding=\"async\" src=\"https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/10\/debt-snowball-process.jpg\" alt=\"Here's how to use the debt snowball method and debt avalanche method for climbing out of debt.\" style=\"width:450px;height:338px\" class=\"\"\/><\/noscript><figcaption class=\"wp-element-caption\"> Debt snowball is great for those of us who like to \u201ccheck things off our list\u201d and who need a little extra motivation.<\/figcaption><\/figure>\n<\/div>\n<p>Hopefully, as you approach the finish line (or final debts owed)\u2026 any extra money being put towards the larger debts should grow more quickly, akin to a snowball rolling downhill gathering more snow.<\/p>\n<p>Thus, the name for this method.<\/p>\n<p>There are a plethora of debt snowball <u><a rel=\"nofollow noopener\" data-lasso-id=\"24403\" href=\"https:\/\/www.nerdwallet.com\/blog\/finance\/debt-snowball-calculator\/\" target=\"_blank\">calculators<\/a><\/u> to choose from online\u2026 I liked the one from Nerdwallet the best.<\/p>\n<p><em>But it\u2019s a personal choice.<\/em><\/p>\n<p>Dave Ramsey also offers an <u><a href=\"https:\/\/cdn.ramseysolutions.net\/media\/pdf\/forms\/debt-snowball-2017.pdf\" target=\"_blank\" rel=\"nofollow noopener\" data-lasso-id=\"24404\">online packet<\/a><\/u> that you can print out to help you get your started.<\/p>\n<p>There is always help to be found.<\/p>\n<h2 class=\"wp-block-heading\" id=\"h-what-is-debt-avalanche\"><span class=\"ez-toc-section\" id=\"What_is_Debt_Avalanche\"\/>What is Debt Avalanche?<span class=\"ez-toc-section-end\"\/><\/h2>\n<p>Debt Avalanche focuses on paying off the debts with the highest interest rates first.<\/p>\n<p>The total balance is irrelevant.<\/p>\n<p>The idea here is to get rid of those high-interest debts faster, so as to pay less interest over time and pay off the principal.<\/p>\n<p>Believers of this method believe that getting rid of interest will save them the most money in the end.<\/p>\n<p>Debt avalanche works like this:<\/p>\n<ol class=\"wp-block-list\">\n<li>Identify the debts with the highest interest rates.<\/li>\n<li>Make a list of those debts in descending order (high to low).<\/li>\n<li>If you haven\u2019t already done so, subtract your living expenses from the monthly budget to come up with your \u201cfree cash\u201d amount<\/li>\n<li>Apply your \u201cfree cash\u201d amount to your debt repayment schedule, using that money to pay off your minimum balances first\u2026<\/li>\n<li>Whatever is leftover should be applied to the highest interest debt.<\/li>\n<\/ol>\n<p><em>Huh? <\/em><\/p>\n<p>It\u2019s not that complicated.<\/p>\n<p>Look!<\/p>\n<p>Another chart\u2026<\/p>\n<figure class=\"wp-block-table\">\n<table>\n<thead>\n<tr>\n<th>\n<p>Debt<\/p>\n<\/th>\n<th>\n<p>Total Balance Due<\/p>\n<\/th>\n<th>\n<p>Interest Rate<\/p>\n<\/th>\n<th>\n<p>Minimum Payment Due<\/p>\n<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td>\n<p>American Express<\/p>\n<\/td>\n<td>\n<p>6,500.00<\/p>\n<\/td>\n<td>\n<p>18.35%<\/p>\n<\/td>\n<td>\n<p>90.00<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Amazon Visa<\/p>\n<\/td>\n<td>\n<p>225.00<\/p>\n<\/td>\n<td>\n<p>15.89%<\/p>\n<\/td>\n<td>\n<p>15.00<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Discover<\/p>\n<\/td>\n<td>\n<p>19,900.00<\/p>\n<\/td>\n<td>\n<p>13.62%<\/p>\n<\/td>\n<td>\n<p>325.00<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td>\n<p>Auto<\/p>\n<\/td>\n<td>\n<p>10,300.00<\/p>\n<\/td>\n<td>\n<p>3.25%<\/p>\n<\/td>\n<td>\n<p>285.00<\/p>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/figure>\n<p>Unlike the debt snowball chart we provided early, this chart lists the same debts\u2026 but in descending order based on highest interest rate.<\/p>\n<p>Now, say you\u2019re free cash amount is 1050.00 per month.<\/p>\n<p>Your monthly minimum payment total is 715.00.<\/p>\n<p>That leaves you with 335.00 in free cash to apply towards the highest interest bearing debt.<\/p>\n<p>In this case, the American Express.<\/p>\n<p>So you would pay the minimum amounts due on the Amazon Visa, Discover and Auto\u2026\u00a0 and 425.00 to American Express (90.00 + 335.00).<\/p>\n<p>You will continue to do this each month until the American Express is paid off.<\/p>\n<p>Then you\u2019ll move on to the Amazon Visa.<\/p>\n<p>Then Discover.<\/p>\n<p>Finally, the car.<\/p>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><img loading=\"lazy\" width=\"800\" height=\"600\" decoding=\"async\" alt=\"Pay off your debts faster by using either the debt snowball method or the debt avalanche method.\" style=\"width:450px;height:338px\" class=\"\" src=\"https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/10\/debt-avalanche-digging.jpg\"\/><noscript><img loading=\"lazy\" width=\"800\" height=\"600\" decoding=\"async\" src=\"https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/10\/debt-avalanche-digging.jpg\" alt=\"Pay off your debts faster by using either the debt snowball method or the debt avalanche method.\" style=\"width:450px;height:338px\" class=\"\"\/><\/noscript><figcaption class=\"wp-element-caption\"> Debt Avalanche focuses on paying off the debts with the highest interest rates first to get rid of those high interest debts faster and pay less interest over time and pay off the principal. <\/figcaption><\/figure>\n<\/div>\n<h2 class=\"wp-block-heading\" id=\"h-debt-snowball-vs-debt-avalanche-finding-a-common-ground\"><span class=\"ez-toc-section\" id=\"Debt_Snowball_vs_Debt_Avalanche_Finding_a_Common_Ground\"\/>Debt Snowball vs. Debt Avalanche: Finding a Common Ground<span class=\"ez-toc-section-end\"\/><\/h2>\n<p>There are distinct differences to these methods, but their end game is the same.<\/p>\n<p>They are designed to help you get out of debt.<\/p>\n<p>On paper, the debt snowball and debt avalanche methods are nearly identical in their initial setup\u2026 with the lists and determining your \u201cfree cash\u201d budget.<\/p>\n<p>And both provide ways to pay down debt faster.<\/p>\n<p>In fact, some financial gurus even suggest using the methods together.\u00a0<\/p>\n<p>This involves sorting the debts by the highest interest rate\u2026 but then choosing to start by repaying the debt that annoys you the most.<\/p>\n<p>Ignoring both the interest and total balance.<\/p>\n<p>Think of it as a kind of a debt repayment smorgasbord.<\/p>\n<p><em>Tasty sounding, right? <\/em><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-final-thoughts-on-debt-snowball-vs-debt-avalanche\"><span class=\"ez-toc-section\" id=\"Final_Thoughts_on_Debt_Snowball_vs_Debt_Avalanche\"\/>Final Thoughts on Debt Snowball vs. Debt Avalanche<span class=\"ez-toc-section-end\"\/><\/h2>\n<p>Choosing how to repay your debt is a personal choice.<\/p>\n<p>And, quite frankly, the greatest chance of success will come from a plan you can stick to.<\/p>\n<p>You have to feel motivated to kick debt to the curb!<\/p>\n<p>So in my humble opinion, if you are a \u201ccheck items off the list\u201d type of person\u2026 the debt snowball plan of attack will likely keep you the most motivated.<\/p>\n<p>And staying on track is more important than a few extra bucks you\u2019ll save in interest over the next few years using the debt avalanche repayment method.<\/p>\n<p>Conversely, if you are mathematically wired\u2026<\/p>\n<p>If you can see the big picture\u2026<\/p>\n<p>If you are sickened by the thought of giving creditors even 1-cent more than you have to\u2026<\/p>\n<p>Then you\u2019re likely to be seduced by the debt avalanche.<\/p>\n<p>And that\u2019s fine.<\/p>\n<p>Both work if you want them to.<\/p>\n<p>Don\u2019t cheat the system\u2026 pay your due diligence\u2026\u00a0 and you will succeed.<\/p>\n<p>Snowballs.<\/p>\n<p>Avalanches.<\/p>\n<p>They are both about gaining ground.<\/p>\n<p>Gaining momentum.<\/p>\n<p>So pick the debt repayment strategy that works for your lifestyle and personality, and take hold of it!<\/p>\n<p>By re-paying one debt at a time, no matter how small, you are moving one step closer to <a href=\"https:\/\/www.developgoodhabits.com\/best-personal-finance-books\/\" data-lasso-id=\"24405\">financial freedom<\/a>.<\/p>\n<p>And that, my friend, is something to be proud of\u2026 no matter which road you took to get there.<\/p>\n<div class=\"wp-block-media-text alignwide\" style=\"grid-template-columns:23% auto\">\n<figure class=\"wp-block-media-text__media\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" alt=\"\" class=\"wp-image-9453 size-full\" srcset=\"https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic.jpg 1024w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-150x150.jpg 150w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-300x300.jpg 300w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-768x768.jpg 768w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-65x65.jpg 65w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-220x220.jpg 220w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-100x100.jpg 100w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-400x400.jpg 400w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-450x450.jpg 450w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-510x510.jpg 510w\" data-lazy-sizes=\"(max-width: 1024px) 100vw, 1024px\" src=\"https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-1024x1024.jpg\"\/><noscript><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"1024\" src=\"https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-1024x1024.jpg\" alt=\"\" class=\"wp-image-9453 size-full\" srcset=\"https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic.jpg 1024w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-150x150.jpg 150w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-300x300.jpg 300w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-768x768.jpg 768w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-65x65.jpg 65w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-220x220.jpg 220w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-100x100.jpg 100w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-400x400.jpg 400w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-450x450.jpg 450w, https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/11\/nicoel-profile-pic-510x510.jpg 510w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><\/noscript><\/figure>\n<div class=\"wp-block-media-text__content\">\n<p class=\"has-normal-font-size\"><strong>Nicole Krause<\/strong> has been writing both personally and professionally for over 20 years. She holds a dual B.A. in English and Film Studies. Her work has appeared in some of the country\u2019s top publications, major news outlets, online publications, and blogs. As a happily married (and extremely busy) mother of four\u2026 her articles primarily focus on parenting, marriage, family, finance, organization, and product reviews.<\/p>\n<\/div>\n<\/div>\n<div class=\"wp-block-image\">\n<figure class=\"aligncenter is-resized\"><img loading=\"lazy\" width=\"735\" height=\"1102\" decoding=\"async\" alt=\"Learn how to get started with the debt snowball and debt avalanche methods for paying off debt. #debt #debtfree #debtrelief #debtpayoff #debtsnowball #money #cashflow #finacialfreedom #personalfinance #budgeting\" style=\"width:419px;height:626px\" class=\"\" src=\"https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/10\/debt-snowball-vs-debt-avalanche.jpg\"\/><noscript><img loading=\"lazy\" width=\"735\" height=\"1102\" decoding=\"async\" src=\"https:\/\/www.developgoodhabits.com\/wp-content\/uploads\/2018\/10\/debt-snowball-vs-debt-avalanche.jpg\" alt=\"Learn how to get started with the debt snowball and debt avalanche methods for paying off debt. #debt #debtfree #debtrelief #debtpayoff #debtsnowball #money #cashflow #finacialfreedom #personalfinance #budgeting\" style=\"width:419px;height:626px\" class=\"\"\/><\/noscript><\/figure>\n<\/div><\/div>\n<p><a href=\"https:\/\/hop.clickbank.net\/?affiliate=infohatch&amp;vendor=J1R2C\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-10614 aligncenter\" src=\"http:\/\/parmaks.com\/Resources\/wp-content\/uploads\/2025\/05\/profit-gen400px.png\" alt=\"Profit Gen\" width=\"400\" height=\"217\" srcset=\"https:\/\/parmaks.com\/Resources\/wp-content\/uploads\/2025\/05\/profit-gen400px.png 400w, https:\/\/parmaks.com\/Resources\/wp-content\/uploads\/2025\/05\/profit-gen400px-300x163.png 300w\" sizes=\"auto, (max-width: 400px) 100vw, 400px\" \/><\/a><br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Making decisions is a part of life. Some decisions are tough\u2026 some are simple. Some are made spontaneously\u2026 while others require a great deal of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9052,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[],"class_list":["post-9051","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-habits"],"_links":{"self":[{"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/posts\/9051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/comments?post=9051"}],"version-history":[{"count":0,"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/posts\/9051\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/media\/9052"}],"wp:attachment":[{"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/media?parent=9051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/categories?post=9051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/parmaks.com\/Resources\/wp-json\/wp\/v2\/tags?post=9051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}