Phrases with «debt snowflake»

The term "debt snowflake" refers to small, additional payments or contributions made towards debt. It's like adding tiny snowflakes to a snowball rolling downhill, which gradually makes it bigger. Similarly, making small payments or saving little amounts can help reduce your debt over time. Full definition

debt (parent phrase)
snowflake (parent phrase)

debt snowflake

Sentences with «debt snowflake»

One of the keys to understanding the effect of debt snowflaking is recognizing that an extra payment towards the principal on a debt is very similar to investing the money. (vertex42.com)
Last week, J.D. at Get Rich Slowly wrote a post about debt snowflaking and linked to several of my past snowflaking posts. (paidtwice.com)
And if micropayments sound appealing to your budget, then debt snowflaking may be just the method for you. (studentloanhero.com)
(see all sentences)

Phrases with «debt snowflake»

Sentences with «debt snowflake»

See also