Thankfully, Bakke was able to gradually tackle his debt by implementing the debt snowball method, a debt repayment strategy made popular by Ramsey. “I found the Dave Ramsey website through a ...
Learn More: Dave Ramsey: Why You Shouldn’t Buy a New Car/Take Out an Auto Loan This Year Once the first debt is fully paid off, the debt snowball continues with its forward momentum to pay down ...
Unlike what Dave Ramsey suggests, instead of using the debt snowball (where you pay off the accounts with smaller balances first), I chose to utilize the debt avalanche (where you pay off the ...
First made popular by personal finance guru David Ramsey, the debt snowball is ... second debt is completely paid off. Using a debt snowball calculator, we can calculate Susie will pay off the ...