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Debt can sneak up on you and, before you know it, you're overextended with medical bills, student loans and credit card balances. We may receive compensation from the products and. The college investor student loans, investing, building wealth updated: They can help you climb out of debt faster. Use these tips to pay down debt with the snowball method.
The debt snowball method keeps you rewarded as you pay off multiple debts.
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With the debt snowball, you pay off debts in order from smallest to largest.
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