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 ... make sure to keep a spreadsheet or ...

However, Dave Ramsey’s debt snowball method is one that has become ... paying off the smallest balance first will free up a payment which can be used on the next-largest card, and so on.

The normally tough-talking, tough-love-dispensing Dave ... you’re debt-free. For Ramsey, the bill collector’s snarky comment became his driving force. For you, applying the snowball method ...

As Ramsey said in an Instagram post, the average person who follows the debt snowball method will be debt-free in 18 to 24 months (excluding mortgage debt). Plenty of debt management and reduction ...