From the category archives:

Snowball

A Better Snowball Method Spreadsheet

by That One Caveman on August 26, 2008

Way back when, I tried my hand at creating a spreadsheet to help with figuring out how to drive down your debt using the snowball method. Admittedly, it had some problems and was really only good for my own use, in the end.
But today, I came across a post on The Consumerist that linked [...]

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How to Make Your Snowballs Work in Overdrive

by That One Caveman on March 19, 2008

This is a follow-up to yesterday’s post announcing availability of the first version of my snowball forecast spreadsheet.
By now you’ve had time to play with the forecast for snowballing away your debt and things may be looking pretty sunny or very dim depending on your situation. That’s ok, because getting out of debt is [...]

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Snowball Forecast Template

by That One Caveman on March 18, 2008

Thanks to Lisa, who commented in my post on the power of the snowball, for prodding me to make a template for others to follow.
The debt snowball method can be a very powerful force when implemented properly and with sufficient planning. If you’re not well-versed in Excel and the formulas, it can be hard [...]

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The Power of the Snowball

by That One Caveman on March 10, 2008

Update: I have posted a template for setting up your own snowball forecast.
Seeing the snow outside my window got me thinking about Dave Ramsey’s debt snowball concept. After all the reading I’ve done about snowballing one’s debt, I knew I was going to implement the same method in knocking out all of our non-mortgage [...]

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