Strategies for Paying Down Debts: Snowball & High Rate
3:10
Strategies for Paying Down Debts: Snowball & High Rate
6 months ago
bankofamerica.com
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
0:19
The debt snowball method is the fastest way to pay off your debt. It’…
29.5K viewsAug 14, 2024
FacebookGeorge Kamel
Debt Snowball Can Pay off $6,000 in 6 Months. Here's How.
Debt Snowball Can Pay off $6,000 in 6 Months. Here's How.
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Debt Snowball Calculator
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Debt Snowball Method: How It Works, When to Use It - NerdWallet
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