Are you carrying debts that feel like a heavy backpack you can’t take off?
Let’s talk about a cool trick called the Snowball Method. It’s super simple and works, especially if you’re in your 20s or 30s and trying to get your money right.
Think of your debt like snowballs. Some are big; some are small.
With the Snowball Method, you start by tackling the tiniest snowball—your smallest debt.
- Pay as much as possible on that little guy while still paying the minimum on your other debts.
- Once the smallest debt is gone (hooray!), add the money you were paying to the next smallest debt.
- It’s like making a snowball bigger by rolling it in the snow; instead, you’re growing your payments.
Why does this work so well?
It feels incredible to see debts disappearing. Each time you pay one off, you’re like, “Yes! I did that!”
It keeps you pumped to keep going and take out the next one.
Are you ready to try it out?
The Snowball Method is perfect for anyone who wants to beat their debts and get ahead. It’s about making intelligent moves so our money can grow like a snowball. Let’s start knocking out those debts, one snowball at a time!
Lost on how to get started? Schedule a quick 15-minute call with Tannery Company, and we will lead the way.