Expense Reports That Don't Suck! : Expensify. Personal Finance and Investing. I've Paid For This Twice Already.. I have had several questions lately about snowflaking – what is it, why do I do it, can we see examples of it – so I thought I would write a quick primer answering those questions and more.
Snowflaking is a spinoff of the Snowball approach to debt reduction popularized by Dave Ramsey. With the Debt Snowball method, you figure out what amount you can pay to debt every month, and then you keep paying that amount, even as your debts shrink and your minimums get smaller. FinancialStability.gov.