Debt Snowball method

The Debt Snowball Method: How Small Wins Can Kill Big Debt

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Debt can feel like a heavy weight on your shoulders—especially when you have multiple balances, minimum payments, and interest stacking up. Many people struggle to get motivated to pay off debt because the task feels overwhelming. That’s where the Debt Snowball Method comes in—a simple, psychological approach to tackling debt that focuses on small wins to build momentum.

The Best Debt Snowball vs Debt Avalanche Method: Which One Wins?

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When you’re drowning in debt, the hardest part is figuring out where to start. Two of the most popular strategies to pay off debt faster are the Debt Snowball and the Debt Avalanche method. But which one is the ultimate winner for your financial situation? Let’s break it down.