Debt Snowball Method Example

What is the ‘snowball method,’ and how could it make you debt-free?

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386K views · 454 reactions | Paying off a credit card with another credit card isn’t progress—it’s just debt in a different outfit. You’re not getting ahead, you’re just digging sideways. Start using the debt snowball method instead: list your debts smallest to largest, pay minimums on everything but the smallest, and attack that one with a vengeance. Quick wins = big momentum. | George Kamel | Facebook

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