Strategies to “Crush” Debt!

5/7/25

“The Debt Snowball Method: Why Small Wins Lead to Big Victories”

If you’re feeling overwhelmed by multiple debts, the debt snowball method could be the momentum boost you need. This strategy involves paying off your smallest debt first while making minimum payments on the rest. Once the smallest is gone, you roll that payment into the next smallest debt, and so on — like a snowball gaining speed and size as it rolls downhill.

Psychologically, this method works because those early wins fuel motivation. Knocking out even a small balance can feel like a big victory, giving you the confidence to tackle bigger debts. It’s a powerful reminder that every payment counts, and progress — no matter how small — is worth celebrating.