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

Have you ever heard of the Snowball Method? Line up your debts from smallest to biggest, focus on one, and build momentum with every win 🥇 - - - - #finance #financialfreedom #savings #lifehack #studentloans #debt #creditscore | Yrefy, LLC