My wife and I just started doing it. My car payment was $500/month, which we just paid off, so we are taking the $500 and putting it towards our next debt. Once that next debt is paid off, we will take the $500 plus whatever the minimum on that debt was and apply it to the next debt.
We aren't necessarily paying off the highest interest loans first, but I feel like this snowball method will be great. Has it worked for you?
Submitted October 10, 2018 at 07:42AM by Jrlutz31 https://ift.tt/2ysTXey
