Do you really know?

What is the snowball method of paying back debt?


Listen Later

The snowball method is based on the idea of paying off your smallest debt first, while making minimum payments on the rest.

Then, you take the money you were paying on that debt and apply it to the next smallest debt, and so on until you’re debt-free. This way, you create a snowball effect that builds momentum and motivation as you see your debts disappear one by one.

What are the advantages? What are the disadvantages? In under 3 minutes, we answer your questions !

To listen to the latest episodes, click here:

⁠What is PimEyes, the powerful tool ending online anonymity?⁠

⁠Is the fertility cliff real?⁠

⁠How can I work better from home?⁠

A Bababam Originals podcast written and realised by Amber Minogue.

First Broadcast: 25/5/2023

Learn more about your ad choices. Visit megaphone.fm/adchoices

...more
View all episodesView all episodes
Download on the App Store

Do you really know?By Bababam

  • 4.9
  • 4.9
  • 4.9
  • 4.9
  • 4.9

4.9

10 ratings


More shows like Do you really know?

View all
TED Talks Daily by TED

TED Talks Daily

11,038 Listeners

Merriam-Webster's Word of the Day by Merriam-Webster

Merriam-Webster's Word of the Day

1,254 Listeners

RealLife English: Learn and Speak Confident, Natural English by RealLife English

RealLife English: Learn and Speak Confident, Natural English

469 Listeners

Aussie English by Pete Smissen

Aussie English

122 Listeners

TED Health by TED

TED Health

1,392 Listeners

10% Happier with Dan Harris by 10% Happier

10% Happier with Dan Harris

12,710 Listeners

Take a Break from Drinking by Rachel Hart

Take a Break from Drinking

2,582 Listeners

Feel Better, Live More with Dr Rangan Chatterjee by Dr Rangan Chatterjee: GP & Author

Feel Better, Live More with Dr Rangan Chatterjee

3,778 Listeners

Sustainable Minimalists by Stephanie Seferian

Sustainable Minimalists

998 Listeners

Life Kit: Health by NPR

Life Kit: Health

438 Listeners

Life Kit by NPR

Life Kit

4,752 Listeners

Learn English with Bob the Canadian by Bob the Canadian

Learn English with Bob the Canadian

89 Listeners

Listening Time: English Practice by Sonoro |  Conner Pe

Listening Time: English Practice

531 Listeners

ZOE Science & Nutrition by ZOE

ZOE Science & Nutrition

2,073 Listeners

English Like A Native Podcast by Anna Tyrie

English Like A Native Podcast

27 Listeners

Love me, love me not by Bababam

Love me, love me not

0 Listeners

Fabulous destinies by Bababam

Fabulous destinies

0 Listeners