9 March 2009

Is the Debt Snowball an Atkins Diet?

While I run the risk of alienating a lot of low-carbers out there, I’m choosing to use Atkins as an analogy because I think there are a few parallels between the diet and my reluctance to endorse the debt snowball approach that is currently en-vogue. Generally the accepted science on Atkins as of this writing is that while it is very effective at weight loss, the long term benefits are not entirely clear. This largely equates to why I don’t advocate the debt snowball approach.

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