“Snowball effect” refers to a phenomenon when something rapidly increases in importance or size. ⛄️ The term is derived from the idea of a snowball rolling down a hill; as it advances, it gets bigger and bigger with more snow and gets quicker and more powerful. It occurs when a problem begins small but develops over time, gaining strength and momentum. Follow @assetyogi for more! ✨ #snowball #snowballeffect #finance #savings #debt #financereels #explorepage #instagramreels #assetyogireels #asset

Minimum payments = minimum progress. Stop spinning the tires and start making real progress with a plan and a goal. Try the Debt Snowball Calculator. | Dave Ramsey