The debt snowball method is a repayment strategy where you list your debts from smallest to largest balance, regardless of interest rate. You focus on paying off the smallest debt first while making minimum payments on the others. Once that smallest debt is gone, you roll the amount you were paying on it into the next smallest debt. With each payoff, your payments “snowball,” getting bigger and bigger, which builds momentum and motivation until all debts are eliminated. #DebtFreeJourney #DebtSnowball #MoneyMindset #FinancialFreedom #DebtPayoff #BudgetLife #MoneyGoals #SaveAndSlay #FinancialWins #WealthBuilding
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