2 ms·
> debt snowball method Dave Ramsey's "Snowball" method is nice for the hodunk folks who don't get finance, but really you should be paying off the highest inte
by blaser-waffle 7y ago
> debt snowball method
Dave Ramsey's "Snowball" method is nice for the hodunk folks who don't get finance, but really you should be paying off the highest interest rate first, since that will cost you the most.
Snowball is good from a psychological and (kind of) from an administrative sense, but it's mostly to help people take control of their financial situation, not make the most cost-effective long term choices.