However, even Trudel adds the caveat that this method makes more sense “to the extent that a consumer’s debt accounts have similar interest rates.” If you have a debt with a slightly higher balance but a massively higher interest rate, it probably makes more sense to focus on that instead. You’ll still get the small…

I’m a logical thinker and I can see how it will work for some. If one isn’t focused on the math, this might be the most effective method for them but not the most effective method available in general. I would liken it to driving. There is an overall optimal way to get from point a to point b. In this case a major…