Credit
What is the debt snowball method?
Quick Answer
The debt snowball method pays off your smallest balance first regardless of APR, then rolls that payment into the next-smallest debt. It costs slightly more in interest than avalanche but has higher completion rates because of the psychological wins.
Warren Team
Updated April 26, 2026
38
Warren Team
Updated April 26, 2026
38
Important Disclaimer:
The information provided is for educational purposes only and should not be considered as personalized financial advice. Warren is a registered investment advisor. Past performance does not guarantee future results. Please consult with a qualified financial advisor before making investment decisions.
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