He used the snowball method to pay off roughly $100,000 worth of debt (including his mortgage). The strategy worked so well for Sall that he decided to share his spreadsheet for paying back debt ...

If you're debt is spiraling ... It’s called the Snowball System, because your little decisions initially build to make a big difference. On your spreadsheet of liabilities, list each credit ...

And while there are many strategies to eliminate debt for good, one method proves most effective: Prioritizing accounts with smaller balances, rather than those with higher interest rates, also known ...