Skip to main content
After you’ve added your debts, the next step is choosing a payoff strategy. Your strategy determines the order in which Snowball directs your money toward each debt, which shapes your payoff timeline, your total interest cost, and how quickly you experience the motivation of eliminating individual balances. Snowball supports two proven strategies: the debt snowball and the debt avalanche.
Not sure which to pick? Start with the snowball. You can always switch to the avalanche later once you’ve built the habit.

How to choose a strategy

1

Navigate to the Strategy section

After adding your debts, go to the Strategy section on your dashboard.
2

Review the two options

Read through the descriptions for Debt Snowball and Debt Avalanche to understand how each one orders your debts.
3

Select Debt Snowball to build momentum

Choose Debt Snowball if you want to pay off your smallest balance first. Each time you eliminate a debt, you roll that payment into the next one, creating momentum as you go.
4

Select Debt Avalanche to save the most money

Choose Debt Avalanche if you want to pay off your highest interest rate first. This approach minimizes the total interest you pay over time.
5

Review your updated plan

Snowball instantly recalculates your payoff order and projected debt-free date based on your selection. Review the updated schedule to see how your choice affects your timeline.

Comparing your options

The debt snowball orders your debts from smallest balance to largest, regardless of interest rate. You put any extra money toward the smallest debt while paying minimums on everything else. When that debt is gone, you roll its payment to the next smallest.This approach produces quick wins — paying off a debt feels significant, and those early victories help you stay consistent.
Choose the snowball if you’ve struggled to stick with a payoff plan in the past. The psychological momentum from early wins makes a real difference.

Switching strategies

You can change your strategy at any time — your decision isn’t permanent. If you started with the snowball and want to switch to the avalanche, go to the Strategy section and select the new option. Snowball updates your payoff order and recalculates your projected debt-free date instantly. Your payment history is preserved when you switch. Only the future payoff order changes. For a deeper look at how each strategy works and how to decide between them, see Payoff strategies explained.