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Let’s discuss the Debt Snowball Method, a powerful strategy for paying down debt! This approach involves tackling your smallest debts first, regardless of their interest rates. While it may not be the most mathematically efficient method, it can provide a psychological boost by creating small wins along the way. By starting with your smallest debt and gradually working your way up, you’ll gain momentum and motivation to keep paying off your debts. Remember, the feeling of financial freedom is ev

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 in f