Debt-Snowball Method

Debt-Snowball Method

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Description

Please note that the content of this book primarily consists of articles available from Wikipedia or other free sources online. The debt-snowball method is a debt reduction strategy, whereby one who owes on more than one account pays off the accounts with the smaller balances first, proceeding to the larger ones later. The debt-snowball method of debt repayment is a form of debt management that is most often applied to repaying revolving credit - such as credit cards. Under the method, extra cash is dedicated to paying debts with the smallest amount owed. This method has gained more recognition recently because it is the primary debt-reduction method taught by many financial and wealth experts. However, it has always existed, as people have a tendency to want to take care of smaller, easier-to-take-care-of things first.show more

Product details

  • Paperback | 56 pages
  • 152 x 229 x 3mm | 95g
  • Dicho
  • United States
  • English
  • 6136682990
  • 9786136682990