What is the debt snowball strategy?
This debt repayment strategy with a wintry name is designed to keep you motivated.
3 min read
Jun 25, 2024
Anna Baluch is a former Bankrate contributing writer. She is a personal finance freelance writer from Cleveland. She enjoys writing about all types of personal finance topics, including debt, mortgages, student loans, personal loans and auto financing. Prior to her writing career, Anna worked in search engine optimization (SEO) and affiliate marketing for a large home improvement company. When she’s not typing away at her computer, Anna can be found volunteering and trying new restaurants.
This debt repayment strategy with a wintry name is designed to keep you motivated.
With a smaller paycheck, it may be necessary to alter how much you can pay back in bankruptcy.