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In a recentYouTube video, Chan outlined several strategies for people belonging toseveral categories of net worth.

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Defeating your debt is the No.

1 priority for people in this category, Chan explained.

And when its all said and done, youll have paid $13,500 in interest alone, Chan outlined.

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The first strategy deployed to beat this debt?

If quick wins are more aligned with your personality, Chan advised the snowball method.

Finally, Chan mentioned a hybrid approach for those unsure of which path to take.

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Chan advised the following three strategies for those in this situation.

At this point, its important to leverage your wealth to get to seeeven greater gains.

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