Snowball effect ( getting out of debt) wk1

While my blog is based on beauty, fashion and lifestyle I had been contemplating whether or not to submit the post.. People who love to shop and have a life have debt right? I can’t be the only one… Debt is a touchy subject not only for me but for most people in the world. I’ve decided I will keep Monday as my “Shunday Monday” post on my updating financial situation while using the snowball effect.

The snowball effect is when you write all your debt down from lowest amount  to highest ( some people use interest rates but I prefer amounts). So for instance you have 4 CC’s one that is 6k, 1k, 500, and 3.2k order them from least amount to greatest and begin the snowball. Have a budge seriously you NEED a budget! I have set aside $600 from EACH paycheck just for bills I have about 18k-21k ( I can’t remember off the top of my head)  in debt from hospital bills, student loans, CC bills. I pay the minimum on all bills and use the last chunk of money left over to pay on the lowest card so it get’s paid off faster ( and it feels great) I have 3 bills I take out of my 15th paycheck and 4 out of my 30th pay.

The whole point of this is to pay off debt so don’t use your cards at all! According to my calculations by the 13th of February ( not including any extra money I may receive aka tax return/bonus) I will have 1 card paid off! ( Happy dance).

Hopefully I will help someone out who is in dire need of feeling freed from owing money and inspire some that may want to but afraid to!


  1. T- 661.19 < —— 1st to go!
  2. BY- 1032
  3. BA1-1266
  4. NM-2273
  5. SR-2648
  6. BA2- 4960
  7. DSC-5430
  8. misc- 446 ( not included to pay off)



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