
Snowball vs avalanche: paying off what you owe
Smallest balance first or highest interest first? We ran both methods on the same three debts, including a loan from a friend, and the answer is…
Every IOUEZ guide on “Repayment, reminders & debt payoff”, newest first.
7 articles

Smallest balance first or highest interest first? We ran both methods on the same three debts, including a loan from a friend, and the answer is…

Owing a friend money sits on your shoulders even when they're kind about it. This 30-day plan shows how one illustrative borrower found $528 in a…

A $60 fee and 5% interest sound about the same. Depending on how the loan is repaid, one can cost twice as much as the other.…

A good money text is short, specific and easy to answer. Here are nine messages for small amounts, proper loans, blue ticks with no reply and…

The first reminder is the hardest one to send. Here are eight messages for every stage, from a friendly heads-up before the due date to a…

A late fee feels like the obvious way to make sure a friend pays on time. Usually it isn't. Seven myths about late fees between friends,…

Breaking a loan into regular payments is the single best thing you can do for both the money and the friendship. Here is how to choose…