96K views · 622 reactions | The debt snowball method is the fastest...

The debt snowball method is the fastest way to pay off your debt!Step 1: List your debts from smallest balance to largest.Step 2: Make minimum payments on all debts except the smallest, throwing as much extra money as you can at that smallest debt.Step 3: Repeat the process with the next smallest debt until they’re all paid off. The more you pay off, the more money you can throw at your next payment—like a snowball rolling downhill, getting bigger and faster as it goes! | George Kamel