I'm paying off $23,000 in credit card debt while also saving for my wedding 7 months from now

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The debt avalanche method is transforming their lives

We're paying off $23,000 in credit card debt at the same time

The other debt-payoff strategy is called the debt snowball — you pay off the smallest balances first and work your way up, which gives you some positive reinforcement.Using the avalanche strategy, I'm putting $1,200 toward my five credit cards monthly. By the time our wedding day arrives, I'll have paid off all but $2,602 .

Plus, we've found ways to spend time together in free or low-cost ways, such as visiting coffee shops, hanging out at home, and making use of $5 Tuesday at AMC movie theater.

 

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