This debt snowball thing is kind of fun when the snowball gets big, and starts crushing all the debt by its self. It takes a long time to get the snowball rolling, but it feels as if we've just gotten it to a size where we've pushed it down the hill, and gravity is taking care of the rest.

When we first started this quest, my idea was to follow more of a Dave Ramsey approach, and pay off debts by balance, smallest to largest. My greatest fear was losing an income source, like rent. My thought was that if one or two of the smaller debts were gone, we'd have an easier time making minimum payments on the remaining debts, if we lost an income source.

I ended up following the advice of the majority in the SA community, and tackled the debt by APR, highest to lowest. Of course, that makes most sense from a purely financial perspective - least amount of interest paid.

During the last two years, our income has remained steady. Actually, it's increased a bit. So, it turns out that highest to lowest APR has been the way to go. I can still see merit to both methods. If anyone who is reading this is trying to decide which order to tackle your debt, you're not going to hear a strong argument from me either way. OK, I chose highest to lowest APR, so clearly, that's my preferred method. That method also keeps your nose to the grindstone longer, because the individual accounts don't fall away as quickly, and you're forced to pay more money toward debt each month.

Anyway, three and a half months from now, we should be done with all of it! That's when the real discipline starts.