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Method one · The snowball

Start small.
Feel the momentum.

Free debt snowball calculator. Pay off your smallest balance first for quick wins and motivation. See your debt-free date and total interest paid.

Your progress

Let's list your debts.

No judgment here — just getting a clear picture.

Total debt
Monthly minimums

Anything extra?

Even twenty dollars makes a real difference. But there's no pressure — you can skip this.

Added on top of your minimums each month.

$
That's /year toward your freedom.

Tax refund, a bonus, or a gift — applied once.

$

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How the snowball method works

The debt snowball method focuses on quick wins. You pay off your smallest debt first, then roll that payment into the next smallest. Each payoff gives you momentum and motivation.

Why it works. Personal finance is 80% behavior. The psychological boost from paying off a debt — even a small one — keeps you committed to the journey.

The process

  1. List debts from smallest balance to largest
  2. Pay minimums on everything except the smallest
  3. Throw every extra dollar at the smallest debt
  4. When it's gone, roll that payment to the next one
  5. Repeat until you're free

Is it right for you?

Snowball is great if you need motivation, have struggled with debt plans before, or have several small debts you can knock out quickly. The wins keep you going.