{"id":5857,"date":"2025-09-10T15:12:31","date_gmt":"2025-09-10T20:12:31","guid":{"rendered":"https:\/\/www.accrediteddebtrelief.com\/blog\/?p=5857"},"modified":"2025-09-10T15:12:32","modified_gmt":"2025-09-10T20:12:32","slug":"the-snowball-plus-method-a-new-way-to-do-debt-payoff","status":"publish","type":"post","link":"https:\/\/www.accrediteddebtrelief.com\/blog\/the-snowball-plus-method-a-new-way-to-do-debt-payoff\/","title":{"rendered":"The \u201cSnowball Plus\u201d Method: A New Way to do Debt Payoff"},"content":{"rendered":"\n

Paying off debt<\/a> can feel overwhelming, especially when you’re juggling multiple bills and high interest rates. If you need a plan that builds momentum but still saves you money, the Snowball Plus method might be your best fit. It’s a flexible, realistic strategy that blends motivation with smart decision-making.<\/p>\n\n\n\n

What Is the Snowball Plus Method?<\/h2>\n\n\n\n

The Snowball Plus method is the next level of the classic debt Snowball. Just like the original, you focus your resources on the smallest balance, but add one key twist: Every three months, you pause to check your progress and re-rank your remaining debts based on cost and timeline.<\/p>\n\n\n\n

Why This Hybrid Approach Works<\/h3>\n\n\n\n

The snowball method works because it gives you a quick win,<\/a> but it also can leave you paying more in the long run if you ignore high interest.<\/p>\n\n\n\n

Integrating a little customization through the snowball plus approach makes it easy to refocus your money towards what you deem your most pressing bills. That means you get both the motivation and<\/em> the savings. <\/p>\n\n\n\n

The Snowball Plus Process<\/h2>\n\n\n\n

Step 1: Build or Evaluate Your Emergency Fund<\/strong><\/h3>\n\n\n\n

Before you dive into Snowball Plus, it helps to create a small emergency fund, or to dedicate some money in your current fund to this project. Even $200 to $300 can be a game-changer when emergencies hit.<\/p>\n\n\n\n

Having this cushion means you\u2019re less likely to add new charges to your cards, take out payday<\/a> or personal loans<\/a> or delay progress if something unexpected comes up.<\/p>\n\n\n\n

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    Step 2: Pick a Debt Focus<\/strong><\/h3>\n\n\n\n

    Like the traditional snowball approach, pick the smallest debt to pay down first. But as you leapfrog forward, take the time to do the math on the cheapest way to pay off your balances in the short- and long-term, with special attention on your overall interest paid. Strategy is on your side in Snowball Plus, so do your homework on the smartest moves for you before picking a direction.\u00a0<\/p>\n\n\n\n

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      Step 3: Track Your Progress<\/strong><\/h3>\n\n\n\n

      Tracking is key to staying on course. It helps you see wins, even when progress feels slow. Don\u2019t worry too much about investing in a fancy tracker either \u2014 the best approach is the one you actually use. That could be a:<\/p>\n\n\n\n

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