What are the Benefits of a Snowball Budget?

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A snowball budget is a budgeting method that is primarily used to pay off debt. The method is quite easy and simple, the debtor only needs to make a list of debts, and sort the smallest amount of debt in the number above for priority. But that doesn't mean you don't pay other debt installments. Although basically personal finance is a psychological factor, so behavior is 80% and skill is 20%.
 
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