What Is the Debt Snowball?
If you are struggling with debt, the good news is that there are strategies you can use to pay it off. The debt snowball method is a simple approach where you start by focusing on your smallest balance first. With…
Category Debt Snowball
See the Undebt.it articles relating to the debt snowball payoff method. This is a great way to pay off debt if you have a number of lower balance accounts.
How to apply extra money to your debt payoff plan
So Now You Have Some Extra Money – Now What? This post is going to go over how to apply extra money to your debt payoff plan – and by “extra”, I mean extra on top of your existing debt…
How to Temporarily Pause Your Debt Snowball
Hitting the Pause Button Sometimes things happen that are out of our control and find that we need to temporarily pause our debt snowball payoff plan. There is a way to do this with Undebt.it and still keep your plan…
Debt Snowball Table Enhancements (Dec ’19)
What’s New I just put the finishing touches on a new version of the Debt Snowball Table page. There are a couple of new sections at the bottom of the page that show you some summary info as well as…
New Hybrid Payoff Method: Debt-to-Interest Ratio
There is a new hybrid debt payoff method available as of today called the Hybrid (Debt Ratio). The idea behind this plan is to bring together the best parts of the snowball and avalanche payoff methods so that you can pay…
How Debt Snowflakes Can Help Your Debt Snowball
What is a “Debt Snowflake”? This post is dedicated to the “additional payments” page a.k.a. “debt snowflakes“. The purpose of this feature is to plan ahead for any temporary variations in your budget so your debt snowball can be as…