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Regardless of which method you use, the first step is to create a budget so you know exactly where all your money is going.
Then, with the snowball method, you will itemize your debts from the smallest amount to the highest. Pay minimum payments on all but the smallest amount, which you'll pay off with any extra money you have. Then continue to take your extra money and pay off the next smallest debt, working your way up to the largest debt you have.
Soon you will be DEBT FREE!!!
#shorts #snowballmethod #daveramsey
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