Answer:The advantage of the debt snowball is that it helps build motivation for debt repayment. The debt snowball method involves paying off the smallest debts first to get them out of the way before moving on to bigger ones. It's not easy to get excited about debt repayment.
Step-by-step explanation:
Advantages of the debt snowball method The primary advantage of the snowball method is the psychological boost. When you see debts disappearing, it can increase your motivation to continue paying off debt. And even if you’ve only paid off a small balance, your confidence in the progress you’re making grows.
