Minimum payment divided by balance. This tells you which debt frees up cash fastest. If I follow this instead of snowball, I’m out of debt 5 months faster. Because I’m attacking what’s actually draining my income. This is the same sheet I used to organize it” step 1 link in the bio. #personalfinance #creditcarddebt #moneytips #financialfreedom #debt
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Minimum payment divided by balance. This tells you which debt frees up cash fastest. If I follow this instead of snowball, I’m out of debt 5 months faster. Because I’m attacking what’s actually draining my income. This is the same sheet I used to organize it” step 1 link in the bio. #personalfinance #creditcarddebt #moneytips #financialfreedom #debt
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