So, how does
the snowball effect work and why am I not exactly using it?
I love to see the graph, it just shows that
the snowballing effect works.
Not exact matches
Starting to save as early as possible can make a big difference over your
working years because of the
snowball effect of compound interest.
The
snowball effect of interest also
works the opposite way: if you are stuck in a loan with a high interest rate, it's difficult to get ahead of the growing payments.
It starts similarly to the debt
snowball, focusing efforts on a line with low utilization, then switches to
working on highest - interest debt when a transfer has been
effected.
The
snowball effect of interest also
works the opposite way: if you are stuck in a loan with -LSB-...]