Have you used the debt reduction snowball payment plan?
Have you used the snowball payment plan, and if so, how did it work for you? Are you still working it or have you finished successfully or given up? If you gave up, why did you give up?
After researching "debt reduction snowball payment plan" and finding out what it means - I have found that that it the system I put into action for my debt, i didn't even know there was a name for what I was doing - to my I just starting doing what seem like a good idea and was common sense... anyway, this method is great - I did have 8 different debts, now I am down to my last 2 big ones and they will be paid in full by mid 2011 - as a side note it would have been 2016, but just from the "snowball" effect I have shaved 5 years of my time for repayments - personally I believe that makes it well worth a try.
Yes! I've been using it for several years and am months away from being debt free - it works!!
Thanks for answering! It's so good to hear about people making it work for them and making their lives better. It's working for me too!
by ElleBee 4 years ago
Have you used Dave Ramsey's debt snowball/total money makeover? What was your experience like?I have been reading his Total Money Makeover book as well as info on the site, and am setting up a June budget now. Has anyone used his methods? What was your experience?
by unmatchable 8 years ago
where can someone borrow 50,000 to consolidate debt, and have a monthly payment plan to pay back tha
by ngureco 8 years ago
How Do You Ask For Payment Of $10,000 Debt From A Friend Who Has Just Died?Do You Storm The Funeral Ceremony Demanding That Debt Has To Be Paid Before The Guy Is Put To Rest?
|HubPages Device ID|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Google Analytics|
|HubPages Traffic Pixel|
|Google Hosted Libraries|
|Google AdSense Host API|
|Conversion Tracking Pixels|
|Author Google Analytics|
|Amazon Tracking Pixel|