@daveramsey: What’s the fastest way to get out of debt? The quickest way to make your debt-free dream a reality is to use the debt snowball method. Sure, it might appear that paying off the debt with the highest interest rate first makes the most sense—mathematically. Wouldn’t that save you the most money? Yes and no. If you begin with the biggest debt, you won’t see traction for a long time. You might think you’re not making fast enough progress and then lose steam and quit before you even get close to finishing. It’s important to pay your debts in a way that keeps you motivated until you’ve wiped them out. Getting quick wins in the beginning will light a fire under you to pay off your remaining debts! Listen—knock out that smallest debt first, and you will find the motivation to go the distance. #debt #debtfree #debtsnowball #moneytok #moneytips #creditcarddebt #daveramsey

Dave Ramsey
Dave Ramsey
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Sunday 27 April 2025 16:15:00 GMT
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laura_1247_
Spursgirl :
Do you close credit cards?
2025-05-08 03:08:27
7
bradsanders11
Brad :
Avalanche method works better if you have some self control
2025-05-29 20:02:36
60
thatnblogger
That NB Logger 🪵 :
Started on the $8500 credit card! Down to $3200 in 3 months only paying with side hustle money!!! hopefully be $0 in 2 more months!
2025-05-27 01:15:15
633
simimayor
simirave :
go bankrupt and start again lifes like a game of monopoly
2025-04-28 06:28:42
266
mvz165
LawyerLife :
What if you only have one credit card with a significant balance on it??
2026-09-13 11:58:59
2
smalltown28
Scott :
One is better to pay off the highest interest debt 1st. Let the small interest debts ride. Do a balance transfer loan with 0% interest for over a year if you can pay it off before the due date.
2025-04-27 22:16:15
35
crazy.oldlady
CrazyOldLady :
Don't start with the smallest, start with the one-half has the HIGHEST INTEREST RATE
2025-06-06 00:13:07
28
soooooooooo41
Aries ♈️ :
Why wouldn’t I get a debt consolidation loan pay everything off and pay that one loan intensely
2025-05-25 15:02:11
18
mta87
Mandy :
I have been doing this . I have paid off 3 cc so far ! 🙌🏻
2025-05-30 14:35:08
19
championman203
championman203 :
dang. my smallest debt in 83k🤨
2025-05-28 19:55:37
31
foreverhalloween___
foreverhalloween___ :
we're getting out of dat
2025-05-26 15:02:13
40
sessilebosslady
~𝑪𝒆𝒄𝒊𝒍-TheBosslady :
On this journey 👌
2025-04-28 06:30:07
1
trekfan1701
Riker :
I did this plan 103k in debt, plan works now I have money.
2025-04-30 01:18:19
23
thebiggestpearl
Dana AN :
Zero
2026-08-24 15:18:42
1
meritorious98
meritorious bhekisiphetho :
so i should pause saving and pay all my debts
2025-05-27 18:53:27
5
pammytait
🐝🩷PammyTait🩷🐝 :
I have always paid off the debt with the highest interest first rather than the smallest debt
2025-06-09 11:30:54
17
ashley.dp1
Ashley 💋 :
The debt snowball method is a great approach to staying motivated and seeing progress. Small wins really do make a big difference when it comes to sticking with your goals.
2025-04-27 16:30:27
309
sagerknows
user9027151034225 :
Now that I'm out of debt I need help with investing?
2025-05-31 11:55:11
5
bigjock53
Bigjock :
This is so great 🥰 💪💪
2025-06-28 11:04:08
3
audreydowling531
audreydowling531 :
We are doing exactly this and it’s working!
2025-04-29 00:48:20
2
amberking9089
Amber :
not true. I paid the little one off and it did nothing to my credit
2025-06-04 23:18:19
1
schadrett
Schadret :
Even stop a 401k that gets match?
2025-06-19 16:46:21
1
mama_l.77
Amber 🇨🇦 :
Does just paying the minimum payment work though? It all comes back in interest and you're back at square 1
2025-04-28 04:06:19
4
tbj4129
Tbj4129 :
The debt snowball is for the mathematically challenged
2025-04-29 14:54:37
3
stellabooooo67
stell :
Exactly!!
2025-04-28 09:01:37
2
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