This week Financial Advisor Mauritz Oberholzer teaches us the Debt Snowball Method.

Debt snowball is a strategy for paying down debts that involves paying off your smallest debts first. After you pay down your smallest balance, you pay off the next smallest debt and repeat until all of your debt is paid. The debt snowball method can keep you motivated as you see your debts fully paid down.

Your Money Maument is aired on eRadio SA every Thursday and available as a podcast afterwards.

For more information visit https://www.mauritzoberholzer.co.za/