How to Use the “Snowflake” Strategy for Debt Repayment – The Simple Dollar

Snowballs and Snowflakes

The idea of a debt repayment plan was in part popularized by radio host Dave Ramsey, who modified the idea a little bit (by encouraging people to sort their debt by balance size) and referred to it as a “debt snowball.”

via How to Use the “Snowflake” Strategy for Debt Repayment – The Simple Dollar.