The debt snowball method is the fastest way to pay off your debt!Step 1: List your debts from smallest balance to largest.Step 2: Make minimum payments on all debts except the smallest, throwing as much extra money as you can at that smallest debt.Step 3: Repeat the process with the next smallest debt until they’re all paid off. The more you pay off, the more money you can throw at your next payment—like a snowball rolling downhill, getting bigger and faster as it goes! | George Kamel

This is the best way to pay off your debt. it's called the snowball method. it's named that way because it starts small and as the ball is rolling, it gets bigger and bigger. Dave Ramsey is the first to implement this method and helped hundreds of people to get out of debt. #debtpayoff #howtopayoffdebt #snowballmethod #daveramsey | Wealth Theory Media