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Do you lump your snowball payments together and...
Do you lump your snowball payments together and pay one payment a month or do you pay as you would have paid the bills?
+4
votes
asked
Jan 30, 2020
by
sewan
(
1k
points)
Do you lump your snowball payments together and pay one payment a month or do you pay as you would have paid the bills? Here are the debts/expenses we had and now we paid them off or canceled.
payments
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3
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+4
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answered
Jan 30, 2020
by
hauteur
(
18.9k
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Best answer
I adjust my budget by paycheck so the new snowball amount is listed as the minimum payment for the debt I’m working on. So wherever Navy Fed falls in your month the payment is now $300+ or whatever it is.
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+4
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answered
Jan 30, 2020
by
bouton
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2.7k
points)
I only have one so far but I pay it as I would have paid the original bill otherwise I wind up spending if I wait and combine it into a lump sum
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+4
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answered
Jan 31, 2020
by
sewan
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1k
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Thank you!
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