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Daily Mirror
Daily Mirror
Business
Ruby Flanagan

Martin Lewis explains 'snowball' trick to clear debt and pay off what you owe

On his money show tonight, Martin Lewis shared his tips on the "important technique" called "snowballing" which he says could help you clear larger debts sooner.

The Money Saving Expert explained how if you have more than one debt, then you should try and "repay the right way" by using the "snowballing method".

The debt snowball method is a debt-reduction strategy where you pay off the debt in order of smallest to largest, gaining momentum as you knock out each remaining balance.

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