Debt Snowball Explained | How To Pay Off Debt Using the Debt Snowball

I thought we’d better sneak this post in before it gets too warm – a snowball is always easier to visualize in the winter. Editor’s Note: What a great line, eh?  Unfortunately, I wrote this post months ago, but since it was such a good line, I decide to keep it in this post even though it is now the hottest time of the year. What is the Debt Snowball? The debt snowball is a common approach or … [Read more...]

Dave Ramsey Debt Snowball: Paying Off Debt Spreadsheet

The intention of this free debt snowball spreadsheet is to allow you to maintain two necessary ingredients of paying off debt. It is a tool to help you get organized.  To help you get organized you'll want to have one of the best personal finance software.  This could be a free money tracking program like Mint or another paid option.  Throughout this process you might want to keep you eye on … [Read more...]