Okay, you can’t freeze interest entirely unless you pay everything. But you can smother it. Two methods: the snowball (pay off smallest balances first) or the avalanche (pay off highest interest first). Neither is wrong. But here’s the twist: you can freeze interest by paying more than the minimum. Even $20 extra stops interest from compounding on that amount.
Think of it this way: every dollar you pay past the minimum is a little ice cube thrown at the interest fire. Toss enough, and the fire goes out.
