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Debt Snowball Method
The debt snowball method involves paying off debts from smallest to largest balance regardless of interest rate, creating psychological wins that build momentum for debt elimination.
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Lateral Career Move
A lateral career move involves changing to a similar-level position that offers new skills, experiences, or work environment without immediate advancement in title or compensation.
Prospective Hindsight
Prospective hindsight involves imagining a future where a decision has already been made, then working backward to identify potential issues that might not be apparent in forward thinking.
Reversible Decisions
Reversible decisions can be changed with minimal consequences and should be made quickly with limited analysis, while irreversible decisions warrant more careful consideration.