For the best results, budget the same amount each month ($650) until all of the debt is paid off: To understand this method, think of a snowball rolling down the hill. It starts out small ...
Paying off the smallest balance first Then, there's the snowball method of debt repayment, which involves paying off the card with the smallest balance first and working your way up. The theory is ...
The debt snowball method focuses on paying credit card bills with the lowest outstanding amount first and moving ahead. The debt avalanche method focuses on paying credit card bills with the highest ...