Every day, countless individuals are burdened by the weight of debt, uncertain about how to navigate their way out. But what if there was a method, proven and efficient, to help you free yourself from this financial prison? Welcome to the world of the Debt Snowball, a technique popularized by financial guru Dave Ramsey and passionately taught by Owego, NY’s Nicole Kobziewicz.
What is the Debt Snowball Method?
At its core, the Debt Snowball approach focuses on paying off your smallest debt first, while maintaining the minimum payments on your larger debts. Once the smallest debt is paid off, you move to the next smallest, and so on. It’s not just a method; it’s a momentum-driven approach that offers both emotional and financial victories.
Why Choose the Debt Snowball Approach?
- Psychological Boost: There’s immense satisfaction in seeing debts disappear. By tackling the smallest debts first, you experience frequent wins, keeping you motivated.
- Simplicity: The method is straightforward, making it easier for individuals to stick to it.
- Momentum: As each debt is paid off, the money that was being used for that debt is now redirected to the next one, creating a ‘snowball’ effect. Over time, you’ll find you’re paying off larger debts with increasing speed.
Nicole Kobziewicz and the Debt Snowball
As a Ramsey-approved financial coach based out of Owego, NY, Nicole Kobziewicz not only understands the principles behind the Debt Snowball but has witnessed its transformative power first-hand. Her financial coaching sessions are geared towards providing personalized guidance, ensuring that you not only learn the method but excel at it.
My experience with Nicole so far has been wonderful! She is very genuine and honest about the process and makes you feel like you’re not alone and she will be there for you. She answered all of my questions and is always available. I couldn’t ask for anyone better to help me on this journey!
Nicole is wonderful to work with! She is professional, efficient, and very knowledgeable. She is always on her game and incorporates current events into her coaching. I highly recommend Nicole as a financial coach!
Nicole does more than just teach us to be financially responsible! Through her knowledge, experience and prayer she guides through the emotional baggage attached to our finances. For the first time in my life I feel that I am in control of the money instead of the money controlling me!
Nicole KNOWS how to help YOU! She has been absolutely fantastic to work with. She's helping me reach my financial goals, while also giving me great feedback! If it wasn't for Nicole, I would be drowning in my financial burdens, but thanks to her guidance, I KNOW where my money goes and how to use it! Thank you, Nicole, for all your wisdom! I appreciate you!!
Nicole is very knowledgeable and helpful with the budging process. She is a very good teacher and ministers to all areas of my life, for that I am very thankful. Nicole does not judge me, she is very encouraging and uplifting. Thank you Nicole
I cannot say enough positive things! We felt like we were in a state that we couldn’t recover from. Nicole was stern but sensitive to the subject. Just enough of a swift kick to make some MAJOR changes and spark the motivation to do things better for ourselves and our family. I am going on month 3 with Nicole and I don’t foresee it ending anytime soon. Thank you Nicole from the bottom of our heart 💜
I booked a complimentary consultation with Nicole about an issue that I had concerns with and wasn’t sure which path to follow so I knew I needed some advice. Nicole called promptly at appointment time and we discussed a couple of things together and she helped me tremendously. She was a big help to me, and everything we discussed that she suggested made perfect sense. As with many others, I wish I would have made the call sooner. If you are thinking about making a call about advice in a direction that you are having a hard time with, call Nicole, you won’t regret it.
Being new to the Debt Free game, my wife and I decided to make a change and commit to the Ramsey method. In doing so, we were introduced to Nicole. A little skeptic of the process and not sure what to expect we booked a free consultation to discuss our situation and see if we were going to move forward. Well, we took a leap of faith and moved forward with Nicole on a monthly basis. What a game changer she is. Explaining the process one step at a time and really listening to our situation, we’ve grown to value her expertise and the knowledge she brings to the table. It’s not easy, but it’s so nice to having her along side of us. Coaching, educating, and truly concerned about “OUR” financial freedom. We WILL be debt free and Nicole is a huge part of all the success we’ve had so far. We highly recommend scheduling a free consultation. You owe it to yourself. Brian and Kim
Good morning i just wanted to say thank you for giving me your book I've read it 3 times now. i am in a point in my life were i am now financially happy i have paid off all cc debt and i have brought my score up from 620 to a whooping 750 within a year my next goal is to pay my car off, i purchased it in march 2022. im halfway there now my goal is by December to have it paid in full. i appreciate your accountability and i see you and hear you on Facebook i am so proud of myself for not relying on cc usage. i am not in her group i just simply followed her on Facebook I kept her book with me to reference myself and to keep me in check with my own progress
Nicole has easily gone above and beyond helping me out with various times emailing her and speaking with her and that's even after just a free consultation. She has provided insight and direction multiple times for me to try to work on different topics regarding my finances. I easily recommend reaching out to her for at the very least of free consultation in letting her assist you in funny the Best service that fits you!
Nicole is a joy to work with. She is professional and pleasant. Every aspect of my resources, goals, and needs has been taken into account creating a personalized plan. I 100% recommend working with her, you won’t regret it. You will only regret not doing it sooner.
This was my first time talking to a financial coach. I was really nervous and didn't felt prepare, but Nicole was so friendly, warm and open throughout our conversations. She guided me through the steps I needed to take in this season and reminded me to stay consistent and discipline. Nicole was incredibly knowledgeable, helpful, and made me feel more certain regarding my financial goals. I had a great experience, would recommend Nicole anyone!
I cannot recommend Nicole enough. Her guidance is invaluable. She makes her clients feel like anything is possible by setting up measurable goals and providing motivating support. I feel confident and pumped after every session.
Steps to Start Your Debt Snowball with Nicole
- List All Your Debts: Start by listing all your debts, excluding your mortgage, from the smallest to the largest balance.
- Budget: With Nicole’s expert insights into budgeting, determine how much extra money you can allocate to your smallest debt.
- Roll Over: Once a debt is paid, roll the money you were paying on that debt to the next one.
- Stay Consistent: The key is consistency. Stay committed, and you’ll witness your debts diminish faster than you imagined.
Financial freedom is attainable, and with the Debt Snowball method, it’s closer than you think. If you’re in Owego, NY, or the surrounding areas, and are looking to break free from the shackles of debt, Nicole Kobziewicz is here to guide you every step of the way.