Carrying debt can take an emotional and financial toll, so it’s best to pay it off as efficiently as possible. The snowball method has you getting rid of your smallest debts first. The avalanche ...

The “snowball method” is going viral on TikTok, with its creator claiming it’s the fastest way to pay down debt. Dave Ramsey, the famed finance expert who is the brains behind the budgeting hack, ...

What Is Debt Snowball Method? The Debt Snowball Method is a debt repayment strategy that helps individuals pay off their debts in a systematic and organized manner. The method involves paying off ...

Looking to pay off credit card debt? Action 9 investigator Jason Stoogenke wants to make sure you know about the “avalanche” and “snowball” methods. In both cases, keep paying your bills, at least the ...

When you’re staring at a pile of debt — credit cards, loans, medical bills, etc. — it can be tough to figure out how to start paying it all off. It often seems like an impossible task, especially if ...

For many Americans, debt isn’t just a balance on a screen—it’s a daily weight. In a 2025 survey by financial services company ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Freedom Debt Relief reports a bare-bones budget focuses on essential expenses, helping you cut non-essentials and allocate ...