30
Sep
2019
A question about : snowballing?
Hi,
How does snowballing work? i have a few debts i would like to clear
Vanquis Ј325
CreationЈ900 0% until jan2013
CreationЈ850 0% until march2013
Barclaycard Ј400
Capital one Ј1100
next Ј800
now after all my bills and living expenses i have Ј1020.00 left over every month.cant believe i have this much left over and nothing left at the end of the month but i have been helping my family out alot, anyway whats the best way of tackling these?
Kind Regards
Janette xx
Best answers:
- I would repay the highest interest debt first - calculate which has the highest monthly interest, then repay these first - you should have enough left over to kill them off by one
- Hi, snowball calculator here
https://makesenseofcards.com/snowcalc.html
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