The debt snowball method is a powerful strategy to eliminate debt. List your debts from smallest to largest, regardless of interest rates. Make minimum payments on all debts except the smallest. Put any extra money towards paying off the smallest debt first. Once that's paid off, roll that payment into the next smallest debt. This method builds momentum as you see debts disappear, keeping you motivated. Want to learn how to build wealth and up income with coaching and consulting? Get guides to 140 income streams in 20 categories and over 150 lessons on business and finance at IncomeLuxe.com/preview.