Personal Finance

Towards a Healthier Financial Future

Topic: "Snowball Method"

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Snowball Method

The snowball repayment method consists of listing all your debt balances and tackling them from smallest to largest depending if the interest rates are the same. This method prioritizes balances as you move on to the larger ones next. This helps build momentum and motivation by settling debts faster.

Explore different strategies for paying off debt faster and how you can utilize our debt payoff calculators →

← Curating the web to find the most interesting and helpful information about your money.