If you’re in debt, it can feel overwhelming to deal with.
Where do you even get started? If you have 4 credit cards you need to pay off, all with differing interest rates and balances, it’s hard to even begin.
That’s where the Snowball Method comes in.
The Snowball Method is a process and system you can use to knock out your credit cards one by one in an organized manner. The point is to know exactly what to do so you can gain a sense of momentum.
The Snowball Method is a method Dave Ramsey popularized - The method is focused around knocking out the credit card with the lowest amount of debt FIRST.
This method is not as effective as the Avalanche Method, but it’s way better from a mental motivation perspective. You get a rush of dopamine when you knock out that first credit card, and you can ride that momentum out to get the other credit cards paid off as well. Make sure you watch the whole video to learn how to get rid of your debt easily with this method!
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