Overwhelmed by debt and not sure where to start? Let me introduce you to the debt snowball method—a proven way to pay off debt fast and build momentum! ❆ Here’s how it works: 1️⃣ List your debts from smallest to largest balance (ignore interest rates). 2️⃣ Pay minimums on everything except the smallest debt. 3️⃣ Attack that smallest debt with everything you can until it’s gone. 4️⃣ Once it’s paid off, take that payment and roll it into the next smallest debt. As you go, your payments grow like a
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When you're using the debt snowball method, interest rates don't really matter. Here's what I suggest you do, and why... List your debts smallest to largest, by total amount owed, regardless of the interest rate. Then, while making minimum payments on everything else, attack the smallest debt with every extra penny that you can. Once that one's gone, roll what you were paying on that over to the next debt on the list. You'll pay off debt much faster than you ever thought you could. A small amoun
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