I have been reading a lot about "snowballing" your debt, and I completely agree with this concept. What you do is start paying on your small balances, pay off that debt, then start with the next. You do this until all of your debt is paid. With this process you do not necessarily have to pay large amounts on your debt all the time. Set up a payment system so that you can send your debtors a little at a time, even $10 a month will help you accomplish you goal of paying off your debt.
I think a lot of people continue to put off paying there debts because they cannot pay large lump sums on there balance. Do not let this hold you back, start today paying what you can. In time you will be able to pay more, then you can pay off the debts you have. In essence it is a snowball effect on your debt.
