Snowball method to clear your debt

Here is the snowball method to resolve your debts which I have searched all over the web and brought it for you.

The method was developed by some Mr. Ramsay. It works like this:
1)List your debts from lowest to highest. This allows you to determine which of your debts you will tackle first.
2)Take the lowest one. Pay that minimum payment amount of the debts you have. The debt snowball method ensures that you maintain your good credit standing.
3)Taking your current budget into account, add a little extra amount on the minimum payment required of your smallest debt.
4)When the first debt is resolved, proceed to the second. Apply the amount you used to resolve the first debt to the second, with as much additional money as you can comfortably add. After you tackle your debts one by one you will know that paying even the highest creditor will be no problem to you, good thig lol.

Repeat this process and after that don't be amazed that your debts have cleared totally lol. You have paid all your creditors back and now you can live a happy life with no loan on your head. The method is slow, but steady.