Debt Snowball Method

The debt snowball method is a financial strategy that prioritizes paying off debts from smallest to largest, aiming to gain momentum as each debt is settled by rolling the payment onto the next smallest debt. The alarming rise in consumer debt levels has also prompted more individuals to seek effective methods of debt reduction, further influencing the popularity of the debt snowball method.

Interest in Debt Snowball Method grew 42% over the past year, compared to the year before, putting it at a current volume of 4.9K searches per month, as of last month.