Snowflake Your Way Out of Debt

If you have been hanging around personal finance blogs for a while, you have no doubt heard of Dave Ramsey's Debt Snowball method of getting out of debt. What you may not have heard of, however, is Snowflaking as a debt reduction tactic.

I first heard of Snowflaking at I've Paid for This Twice Already. And while she's written a wonderful primer on the subject, basically it boils down to taking small amounts of money (snowflakes) and applying them to your debt snowball.

Paid Twice says it best:

Many small snowflakes make a snowball, and no amount is too small for me to snowflake.

Snowflaking, it would seem, has certainly caught on. Paid Twice currently has over 136 comments and trackbacks to her primer post. It's created such interest, in fact, that there is now a Snowflake Revolution page and a Carnival of Snowflaking.

If you're currently working at paying off debt, I encourage you to take a look at Snowflaking as a means of doing that. It goes a long way toward making you feel in control and can make all those little, every day sacrifices seem more worthwhile.

Edited to add: This post has been submitted to Frugal Fridays at Biblical Womanhood Online. Visit Crystal's blog for more great frugal tips.

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