Hey Besties! I got a video request from one of the Besties requesting that I show how to pay off debt using the snowball method. I hope that this video will be helpful and encourage you to start your journey or keep going ☺

I love the debt snowball method because i can actually see my debt reducing. It is for people like me who need to see that i am making progress.

A few years ago my husband started receiving social security. He was still working full time so we took the majority of that money and paid it towards the principle on our mortgage. This past December, he retired so I had to start budgeting! We went from 3 streams of income to 2. It was scary to think about! I’m still paying extra towards our mortgage but not as much as I used to be able to. Had I started budgeting when we first started paying extra on our mortgage, our house would be almost paid off! Now we are on track to have done the end of 2026. I’ve made a lot of progress since December but I REALLY wish I would’ve started budgeting sooner!!!!! Take my advice, don’t wait! You will be so happy when you see the progress you make!

Don't get caught thinking you have more money because you don't! That little payment now gets thrown on the next biill with that bills regular payment also.

Hey Jasmine, how do you gain that motivation and consistency back? I was so on fire and ready to tackle my debt in the beginning of my journey. Now I find myself struggling and being apathetic toward it, can anyone else relate? 😭😢

Good evening. You are so right. Debt can be very stressful.

Keep on tackling your debt besties :) it can feel like a long road but it will feel great when it is all paid :D

Yesss ive been using your debt payoff planner and i been crushing my debt im gald to be making progress with my income im so excited

I have heard the snowball method explained a million times but the way you explained it made the most sense! I also love this notebook you are using.

Hey Besties! Thanks for the video I needed it. I have been ill for the last 3 months and my budgeting has been failing badly. It seems so hard to get back to that place where I was excited to do everything and for my future, I still haven't recovered yet , so keep me your prayers. This video was very helpful ❤❤

Hey girl, I love the way your always giving advice and teaching us, Thank you for all you do, Blessings

I love your videos you are the reason how I got hooked on saving money… ❤

1 Personal Taxes 2 401 K Loan 2 3 401 Loan 1 4 Supplemental Taxes Pay off plan.

Your progress is so inspiring! I’m on a mission!

I love how you explain things..you make it so easy to understand. Great video as always!!❤

I agree the best time to start the debt free journey is now. Even if it’s starting by just writing down all your debt on a piece of paper that’s a step in the right direction. ❤. Love your videos thanks for all the information you provide

Thank you..Awesome video..!!love it. I would have love to see an example of how to record or list it on the paycheck budget sheet. I am a visual person..

Hey Bestie!! I use snowball method and you explain it so well. It helped with some confusion I had. Thanks 👍🏽😃

New sub here. I think you did a great job explaining the snowball method

Thanks for the awesome video..I really appreciate it❤

Great video 💸💵

Loved the video, thank you!

Thank you for doing this one!! 💜 Really, really, appreciate it

Your videos keep me in check and remind me to keep going

Debt Overview: Transfer largest debt amount you can to another credit account with zero apr, so you can be applying the total interest charges to the lower amounts your paying off the fastest.

What side hustle do you have?

Just give me a highlighter 😂

Sis .. once you paid off your debt how long did it take to come off your credit ? When did your score increase ?

I always preferred the Avalanche because the interest can get really stupid ridiculous like a dang car payment lol but since my hours have changed our income has gotten smaller so I think it would take waaaay too long to get rid of the higher interest card and it will most definitely taking a toll on me mentally 😅 anyways thanks for sharing all of this ❤

Do you have any recommendations when the only debt you have is your home and all others bills are monthly utilities. How do you work your budget? Since I don’t have debts, I’ve tossed any extra money on my utilities and have credits every month. But I continue to pay what would be a normal monthly minimum payment.

Great video

Do u pay towards your principal? Idk if I should pay towards my principal for my personal loan or just add a little more to the minimum payment balance

What if you have a settlement offer on the debt ?

Thank you for sharing this. I am going to do this. I have a question. So I have money saved up towards my highest debt. But I have smaller ones too. Do you think that I should pay off the smallest debt first from the cash I have saved and start from there? Example; I have $300 in cash for my $2,000 credit card. I have another card that's $300. Should I use that cash and pay it off whole and start the snowball there? Thanks Jaz

the work book 19.99 is it put together as the book we see here in the video, or is it a printable put together yourself

💜💜

The entire everything might just be fraudulent

Love your videos but the debt snowball in it's purest form (paying the lowest debt regardless of interest rate) is a scam by rich people. People should be using the avalanche method which pays off the most expensive to you debt. It will save you the most money so it is the fastest and most effective way to pay down debt