The debt avalanche method favors targeting accounts with the highest APR (annual percentage rate) instead of the lowest balance. The idea is to knock out the cards that are costing you the most in interest. As an example, let’s say those aforementioned hypothetical credit card balances are subject to the following APRs:With the snowball method, you would pay off the $2,000 balance first. This would give you $70 more per month to throw at your next target, the $4,000 balance.For example, you may have the fol ...