The debt snowball method is the fastest way to pay off your debt. It’s how I paid off $40,000 of consumer debt in just 18 months! And if it worked for me, it’ll work for you too. The debt snowball explained in 4 easy steps! Step 1: List your debts from smallest to largest (regardless of interest rate). Step 2: Make minimum payments on all your debts except the smallest debt. Step 3: Throw as much extra money as you can on your smallest debt until it’s gone. Step 4: Repeat until each debt is paid

From daydreaming to taking action… Here’s how you can create your own debt tracker spreadsheet in Google Sheets. 💵 You can duplicate the template for all of your debts to see when you can be debt free. If you make a smaller or bigger monthly payment than planned, just edit the number directly in the payment column for the particular month. Here’s to your debt free journey! 🥂 #debtpayoff #debtpayoffplanner #debtfreedom #debtfree #debtmanagement #budget #budgeting #budgetplanner #budgetplanning