• 404
  • About
    • Copyright Notice
    • Distribution
      • Where to find
    • Our Advertisers
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer
  • Account
  • Advertise
    • Building Your Audience
    • Why Dimple Times?
  • Business Review Inquiry
  • Calendar of Events
  • Cart
  • Celebration of Life
  • Comics
    • Esther & Forrest
    • Happy Circa
    • Pumpkin Rollers
    • Toilet Talez
  • Community
    • Community Sponsors
    • Dimple Bites
    • Events
    • Fairfield County Events
      • Fairfield County Stories
    • Fayette County Events
    • Pickaway County Events
      • Pickaway County Stories
    • Ross County Events
      • Ross County Stories
  • Contact
    • Ask a gardener
    • Become a Contributor
  • Coupons
  • Fayette County Stories
  • Features
  • Home
  • Home – All Post
  • Home 1
  • Home 2
  • Home Test
  • My account
  • Podcast
  • Radio
    • Song Request
  • Read Current Digital Edition of Dimple Times
  • Reader’s Contest
  • Roundtown Christmas Light Contest – 2020
  • Shop
  • Store
  • Subscribe
  • Vote
Dimple Times
No Result
View All Result
No Result
View All Result
Dimple Times
No Result
View All Result
Home Features Dave Says

Debt snowball – Dave Says

Dave Ramsey by Dave Ramsey
January 8, 2021
in Dave Says, Features, Informative, Money, Scatter
2 0
0
Debt snowball – Dave Says
8
SHARES
85
VIEWS
Share on FacebookShare on TwitterShare via Email

Dear Dave,

I�ve heard lots of different theories and recommendations when it comes to paying off debt. Why do you advise paying off debts from smallest to largest?

Marlee

 

Dear Marlee,

A lot of people wonder the same thing when I bring up the debt snowball. Some think paying off the debt with highest interest rate first is the best approach. This may seem to make sense mathematically, but I realized a long time ago debt is not a mathematics problem�it�s a behavior problem. Personal finance is 80 percent behavior, and only 20 percent head knowledge. Besides, if all those people were so great at math, they wouldn�t be up to their eyeballs in debt in the first place!

The reason the debt snowball pays off debt from smallest to largest is that modifying your behavior and providing inspiration to get out of debt is more important than the math. Your probability of becoming wealthy is more closely connected to your behavior than your financial �sophistication� or academic pedigree.

When you pay off a small debt you experience success, and that gives you hope. Then, you move on the next debt. When you pay that one off, and you�ve wiped out two debts, it really energizes you. At that point you start to get excited, and you begin to believe in yourself and in the fact you�re actually on the road to becoming debt-free!

� Dave

Previous Post

Horoscope – October 2019

Next Post

Tailgating 101: Recipes for Success

Next Post
Tailgating 101 Recipes for Success

Tailgating 101: Recipes for Success

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Choose Your News

  • Home
  • About
  • Contact
  • Advertise
  • View Digital Issues
  • Subscribe
  • Features
  • Informative
  • Interactive
  • Inspiring
  • Reader’s Contest
  • Dave Says
  • Max Life
  • Poetic Pauses
  • Home & Garden
  • Business
  • 404
  • About
  • Account
  • Advertise
  • Business Review Inquiry
  • Calendar of Events
  • Cart
  • Celebration of Life
  • Comics
  • Community
  • Contact
  • Coupons
  • Fayette County Stories
  • Features
  • Home
  • Home – All Post
  • Home 1
  • Home 2
  • Home Test
  • My account
  • Podcast
  • Radio
  • Read Current Digital Edition of Dimple Times
  • Reader’s Contest
  • Roundtown Christmas Light Contest – 2020
  • Shop
  • Store
  • Subscribe
  • Vote

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • 404
  • About
    • Copyright Notice
    • Distribution
      • Where to find
    • Our Advertisers
    • Privacy Policy
    • Terms and Conditions
    • Disclaimer
  • Account
  • Advertise
    • Building Your Audience
    • Why Dimple Times?
  • Business Review Inquiry
  • Calendar of Events
  • Cart
  • Celebration of Life
  • Comics
    • Esther & Forrest
    • Happy Circa
    • Pumpkin Rollers
    • Toilet Talez
  • Community
    • Community Sponsors
    • Dimple Bites
    • Events
    • Fairfield County Events
      • Fairfield County Stories
    • Fayette County Events
    • Pickaway County Events
      • Pickaway County Stories
    • Ross County Events
      • Ross County Stories
  • Contact
    • Ask a gardener
    • Become a Contributor
  • Coupons
  • Fayette County Stories
  • Features
  • Home
  • Home – All Post
  • Home 1
  • Home 2
  • Home Test
  • My account
  • Podcast
  • Radio
    • Song Request
  • Read Current Digital Edition of Dimple Times
  • Reader’s Contest
  • Roundtown Christmas Light Contest – 2020
  • Shop
  • Store
  • Subscribe
  • Vote

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.