He used the snowball method to pay off roughly $100,000 worth of debt (including his mortgage). The strategy worked so well for Sall that he decided to share his spreadsheet for paying back debt ...
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.
Key Points Dave Ramsey said to follow the debt snowball method when paying off debt. This method involves paying off your lowest-balance debt first to score quick wins. You could end up paying more ...
He used the snowball method to pay off roughly $100,000 worth ... Though your debts might feel overwhelming, the spreadsheet breaks them down into a simple payment plan. Here's how to use it ...