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Debt Snowball Cartoon

February 1st, 2010

You’re familiar with the debt snowball, right?  That’s where you start by paying as much extra as you can on one credit card, and keep paying as much over the minimum as you can til you pay it off.  Then you take all that money you were paying and add it to the next credit [...]


You’re familiar with the debt snowball, right?  That’s where you start by paying as much extra as you can on one credit card, and keep paying as much over the minimum as you can til you pay it off.  Then you take all that money you were paying and add it to the next credit card payment, and continue paying as much as possible toward that one until you pay it off, etc.

Well, here is my mental image of a debt snowball.

Debt Snowball Chasing Credit Card

Debt Snowball

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