The snowball method is the best way to pay down your debt. If you’re skeptical and want to see how it will work, this spreadsheet will calculate exactly how long it will take to be debt free. When you ...

The Debt Snowball allows you to make a simple change to your behavior and systematically pay off debt at an accelerated rate. Get the free printables.

Here’s a common scenario: you’ve got multiple debts — credit cards, personal loans, maybe even an auto loan — and their interest rates and balances are piling up. Figuring out how to lift that ...

Two of the most popular approaches for paying off large amounts of debt are the debt avalanche and debt snowball methods. The latter, debt snowball, focuses on paying off debt with the smallest ...

Let’s be honest. You didn’t get into this mess overnight. Think about your financial situation over the last year. Then remember back to a time before you owed anyone anything. Maybe you were a ...

Ashley Eneriz is a financial writer who has been published on a myriad of sites. She has 10+ years of financial writing experience. Investopedia / Nez Riaz There are two popular strategies for paying ...

Married couple Brian and Lindsey Baldwin used to be among the 44 million Americans struggling with student loan debt. Now, the Massachusetts couple is debt-free. The Baldwins, both 37 years old, say ...

I recently saw a snowball stand at a local event and immediately thought two things: 1) I really needed one, and 2) these are just as satisfying as a debt snowball — where you’re crushing high ...