Financial Freak

We’ve all heard of Dave Ramsey’s Snowball Debt Plan. But have you heard of snowflaking yet? Snowflaking is when you save little bits of money here and there (through couponing, selling things, taking online surveys, etc.) and apply it to your debt. You can read a basic primer about it on I’ve Paid for This Twice Already…. .

So in addition to a debt snowball, I’m  going to work on some serious snowflaking so that I can pay down my debt even faster. I’m taking the money I save with coupons and moving it into my savings account. On the 15th of each month, I’ll take the money and pay down additional debt. 

I also plan on signing up for Upromise since I can use that money to pay down existing student loan debt. It makes sense to take advantage of everything that I can get where I want to be!