The document outlines the debt snowball method for achieving debt freedom quickly, which involves listing debts from smallest to largest and aggressively paying off the smallest debt first. It provides a detailed step-by-step process and examples to illustrate how one can eliminate debts over time by reallocating payments as debts are paid off. Ultimately, the method aims to result in being debt-free through systematic and focused payments.

1. THE FULL PROOF PLAN TO
ACHIEVE DEBT FREEDOM FAST

3. THE DEBT SNOWBALL METHOD

4. DEBT SNOWBALL METHOD
1. List your debts from smallest to largest
2. Make minimum payments on all of your debts, except the smallest
debt.
3. Throw your highest possible monthly payment towards the
smallest debt until it is paid off entirely.
4. Take the monthly payment used to pay off the previous debt and
use it as an additional payment towards the next debt to be paid off.
4. Repeat this method until each debt is neutralized.

5. DEBT SNOWBALL EXAMPLE (MONTHS 1-2)
Debt Category Starting Balance Minimum Payment Debt Snowball
Monthly Payment
Credit Card $600 $0 $300
Car Loan $2000 $50 $50
Small Business
Loan
$3000 $200 $200
Totals $5600.00 $550.00

6. DEBT SNOWBALL EXAMPLE (MONTHS 3-8)
Debt Category Starting Balance Minimum Payment Debt Snowball
Monthly Payment
Credit Card $0 $0 $0
Car Loan $1900 $0 $50 + $300
Small Business
Loan
$2600 $200 $200
Total $4500

7. DEBT SNOWBALL EXAMPLE (MONTHS 9-11)
Debt Category Starting Balance Minimum Payment Debt Snowball
Monthly Payment
Credit Card $0 $0 $0
Car Loan $0 $0 $0
Small Business
Loan
$1400 $0 $200 + $50 + $300
Total $1400

8. DEBT SNOWBALL EXAMPLE (MONTH 12)
Debt Category Starting Balance Minimum Payment Debt Snowball
Monthly Payment
Credit Card $0 $0 $0
Car Loan $0 $0 $0
Small Business
Loan
$0 $0 $0
Total DEBT FREE!!

9. WHAT ARE YOU GOING TO DO?