One of Ramsey’s top methods to manage those debts is the debt snowball method. Here’s how it works. List all your debts, ranked from the smallest balance to the largest balance. Make the ...

Learn More: Dave Ramsey: Why You Shouldn’t Buy a New Car/Take Out an Auto Loan This Year Once the first debt is fully paid off, the debt snowball continues with its forward momentum to pay down ...

The good news is that there are ways to manage or even eliminate your debt. Well-known financial guru Dave ... One of Ramsey’s top methods to manage those debts is the debt snowball method.

and use the snowball method to attack your loans.” Henry also agreed with Ramsey’s recommendation to leave your mortgage out of the calculation: “A mortgage is ‘good debt,'” explained Henry.

Dave Ramsey’s debt snowball method stands out for its unique focus on behavioral motivation rather than just mathematical efficiency. Unlike the more traditional “debt avalanche” method ...