Many people who use the debt snowball method track their progress using a spreadsheet. This not only keeps you organized but can also be a source of motivation as you mark off your payments.

The spreadsheet will automatically calculate ... "The faster you tackle your debt snowball, the more likely it is that you'll get finally get out of debt!" he reiterates.

including the popular debt snowball and debt avalanche methods, and track how you’re progressing toward full repayment. A debt reduction spreadsheet isn’t necessarily an app, but it can help ...

It starts out small, but as it gets bigger it also gets faster. In theory, this is exactly how the snowball method of debt repayment works. Using the same budget and examples as above, you would ...

Taking the snowball approach allows one to “snowball” the amount of debts paid off, which can lead to being debt-free more ...