Tiffany Curtis

Well, to help us answer Alex's question on this episode of the podcast, we're joined by Tiffany Curtis, a debt writer at NerdWallet. Welcome back to Smart Money, Tiffany.

Well, to help us answer Alex's question on this episode of the podcast, we're joined by Tiffany Curtis, a debt writer at NerdWallet. Welcome back to Smart Money, Tiffany.

Well, to help us answer Alex's question on this episode of the podcast, we're joined by Tiffany Curtis, a debt writer at NerdWallet. Welcome back to Smart Money, Tiffany.

All right. So let's dig into the topic, guys. Our listener mentioned that they're using the debt snowball method to pay off their debt. Can you start by describing what this is for us, Tiffany?

All right. So let's dig into the topic, guys. Our listener mentioned that they're using the debt snowball method to pay off their debt. Can you start by describing what this is for us, Tiffany?

All right. So let's dig into the topic, guys. Our listener mentioned that they're using the debt snowball method to pay off their debt. Can you start by describing what this is for us, Tiffany?

All right, Tiffany, so how can someone determine which payoff method might be better for them?

All right, Tiffany, so how can someone determine which payoff method might be better for them?

All right, Tiffany, so how can someone determine which payoff method might be better for them?

For sure. I think that is reasonable, Sean. And it can, if you're like me and debt is like an itch in your foot, just want to get rid of it. But sometimes you really have to do the math and think about what makes more sense. So on that note, you can compare that with investing in the stock market.

For sure. I think that is reasonable, Sean. And it can, if you're like me and debt is like an itch in your foot, just want to get rid of it. But sometimes you really have to do the math and think about what makes more sense. So on that note, you can compare that with investing in the stock market.

For sure. I think that is reasonable, Sean. And it can, if you're like me and debt is like an itch in your foot, just want to get rid of it. But sometimes you really have to do the math and think about what makes more sense. So on that note, you can compare that with investing in the stock market.

Some people have historically been able to get around, let's say 10% returns over time, which is pretty decent. So you can get a greater return by investing than by paying off your debt. If you factor in inflation, which erodes the value of your money, And investing can seem like an even better deal.

Some people have historically been able to get around, let's say 10% returns over time, which is pretty decent. So you can get a greater return by investing than by paying off your debt. If you factor in inflation, which erodes the value of your money, And investing can seem like an even better deal.

Some people have historically been able to get around, let's say 10% returns over time, which is pretty decent. So you can get a greater return by investing than by paying off your debt. If you factor in inflation, which erodes the value of your money, And investing can seem like an even better deal.

I hope people are not gonna throw tomatoes at me because I actually don't have much debt, thankfully.

I hope people are not gonna throw tomatoes at me because I actually don't have much debt, thankfully.

I hope people are not gonna throw tomatoes at me because I actually don't have much debt, thankfully.

Oh, thank you. Thank you. Thank you. But, you know, I am lucky not to have much debt aside from my car loan, which is more than halfway paid off. And the interest rate is honestly relatively low. But at one point, as I said, debt is like an itch in my foot. I was like, maybe I should just take turns of cash and pay it off.

Oh, thank you. Thank you. Thank you. But, you know, I am lucky not to have much debt aside from my car loan, which is more than halfway paid off. And the interest rate is honestly relatively low. But at one point, as I said, debt is like an itch in my foot. I was like, maybe I should just take turns of cash and pay it off.