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Debt Snowball Method

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This Mother Of Two Cleared $137K In Debt By Using Two Key Methods — Details Inside

Being debt-free is an ultimate goal for many, but it’s a journey that some struggle to find out how to achieve. For Brandyn Rodriguez, a mother of two, two methods were her saving grace to clearing off $137,000 in debt. Rodriguez revealed to Good Morning America that after several failed attempts at getting out of debt, she started following the debt snowball method and a zero-based budget. She describes the debt snowball method as listing your debts from smallest to largest and then focusing on the smallest first while submitting payments on the other debts. The ultimate goal is for you to “repeat the process and continue building the ‘snowball’ until you finish paying off the largest debt last.” Along with her methods, Rodriguez balanced working as a restaurant server and at the United Way of San Antonio and Bexar County. “Every single time I opened up that billfold to give a customer their receipt or to write an order like, hey, you’re here for this. This is not the sexiest, fun...

Mar 9, 2022