Pay off debt fast by creating a debt snowball method. It’s simple, motivating, and easier to stick with over time. Set up your plan and start knocking out those balances one by one! Grab our EveryDollar app to map out a debt payoff plan, see what to focus on next, and get reminders that help you follow through. 🤍 | EveryDollar
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The debt snowball method is the fastest way to pay off your debt!Step 1: List your debts from smallest balance to largest.Step 2: Make minimum payments on all debts except the smallest, throwing as much extra money as you can at that smallest debt.Step 3: Repeat the process with the next smallest debt until they’re all paid off. The more you pay off, the more money you can throw at your next payment—like a snowball rolling downhill, getting bigger and faster as it goes! | George Kamel
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