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We recently finished paying off our last Visa card. We had it for over a decade and finally are done with it and closed the account. At the start of this year we had 10 debts that we were working on and grinding out. I am happy to report as of today we have paid off 6 of those debts! What is more interesting is the amount that we have paid off so far for the year is over $10,000. WHAT!! 10k in 4 months how did you do that you ask? Well I will tell you because we like you and hope that you can gain some inspiration from us and change your debt story.

The method we are using is what is called the debt snowball. Just think in your mind about some nice thick snow lying on the ground and what happens to a small snowball as you roll it in that snow. What happens is the snow you are rolling it in starts to stick to it. Now think in your mind what would happen to the snowball if you had it rolling down a hill how fast it would grow.

That is the same type of thing that happens with your money when you list your debts smallest balance to largest on paper. First attack that smallest debt and throw all the money you can at it and pay the minimums on the rest of the debts until it is paid off. Once that is paid off then you focus on the next debt taking the minimum payment of that small debt you just paid off and adding it to the next largest debt and whatever money you can throw on that one. Then you keep going down the list until they are all paid off. The key to it is focus!


If you are feeling like you are out on a lake in a canoe without paddles when it comes to debt start small and focus on one thing at a time. Don't try and juggle 4 or 5 things at once it doesn't work well. For those who are finance geeks don't worry about interest rates on your debts just put focused intensity on one thing at a time and you will have success. Once you have success knocking out the small debt and achieving a victory it will give you momentum to keep going on to the bigger debts. The debt snowball is powerful and I know it works and it will work for you.

That feeling of getting rid of debt is addicting. We were so excited when we paid off that first debt, it just felt unreal! It just got better, every time we paid off another debt we just kept feeling more and more excited. When you pay off each debt in your debt snowball the feeling just magnifies and you start to feel less weight on your shoulders and it is AWESOME!!

PS- our grand total we have paid off since we have started this debt free journey is over $20,000, which just blows my mind.