The debt snowball method is the fastest way to pay off your debt. It’s how I paid off $40,000 of consumer debt in just 18 months! And if it worked for me, it’ll work for you too. The debt snowball explained in 4 easy steps! Step 1: List your debts from smallest to largest (regardless of interest rate). Step 2: Make minimum payments on all your debts except the smallest debt. Step 3: Throw as much extra money as you can on your smallest debt until it’s gone. Step 4: Repeat until each debt is paid

💸 The Snowball Method 👉🏾 How I payed off almost $5,000 worth of debt 1) List out all your debts from smallest to biggest 2) Pay minimums on everything, but throw all your extra money at the smallest one. 3) Once that one’s paid off? Take what you were paying and roll it into the next smallest. Keep going ‘til each debt is payed off. This method is awesome for people who need continued motivation to keep going 🙌🏾 ✨ Comment “VIP” and I’ll send you the link to our credit & debt payoff book, VI

Snowball or avalanche: Which debt repayment method is right for you? ❄️️ These two popular strategies can help you tackle your bills, whether you prefer quick wins or long-term savings. | Commerce Bank | Facebook