Debt repayment can feel like climbing a steep hill. But with the right method and the right insights — your users can move forward with clarity and confidence.

Two popular strategies, the Snowball Method and the Avalanche Method, give people structured paths to becoming debt-free. And when your organization offers SPENDiD, users can quickly determine how much extra payment power they actually have — a critical first step in choosing their payoff approach wisely.

The Snowball Method

Motivation first. Momentum always.

This approach prioritizes paying off the smallest balances first to secure early wins.

How it works:
• List debts by balance
• Pay minimums on all but the smallest
• After each payoff, roll that payment into the next debt

Why some users love it:
✅ Quick psychological wins
✅ Simpler debt list over time
✅ Helps maintain consistency

Potential downside:
High-interest debts may stick around longer.

The Avalanche Method

Smart math. Maximum savings.

This approach tackles debts by highest interest rate first, saving money in the long run.

How it works:
• List debts by interest rate
• Pay minimums on the rest
• Aggressively target the costliest debt first

Why it appeals to many:
✅ Less interest paid overall
✅ Often faster total payoff

Potential downside:
Progress starts slow, which may be discouraging for some users.

Which Should Your Users Choose?

It depends on behavior vs. efficiency:

Choose Snowball if users…
• Need fast wins to stay engaged
• Want simplicity and quick progress

Choose Avalanche if users…
• Want to save more on interest
• Don’t require early visible payoff success

And yes — users can combine the two:
Start Snowball for confidence → Switch to Avalanche for efficiency.

Where SPENDiD Fits In

To choose any payoff method, users must answer one crucial question:

How much money can I sustainably put toward debt every month — without falling behind elsewhere?

This is exactly where SPENDiD excels.

With Thrive embedded on your platform, users see:
✅ Their predicted cash-flow health
✅ How much true “debt-reduction capacity” they have
✅ Adjustments that unlock more payoff power
✅ A budgeting foundation that keeps emergency borrowing away

Thrive doesn’t replace debt-payment tools — it fuels them with ground truth financial awareness.

Small Shifts Fuel Big Progress

Partners can encourage users to:
• Build a realistic, sustainable monthly plan
• Adjust non-essential spending
• Increase debt payments only when cash-flow allows

Even a small positive shift in their SPENDiD Budget Health Score leads to measurable progress toward debt freedom.

Help Users Pay Down Debt — Before It Becomes a Burden

When your platform offers SPENDiD, you empower every user to:
✅ Avoid high-risk borrowing behaviors
✅ Build confidence through informed decisions
✅ Take actionable steps toward eliminating debt

And your organization benefits from stronger loyalty, deeper engagement, and mission-aligned financial wellness support.

Give Your Users Confidence to Choose Their Best Path

Offer SPENDiD to help users understand not just how to pay off debt — but how to prevent future debt from taking root.

👉 Become a SPENDiD partner today and help your users unlock sustainable debt-reduction power

Help Your Users Understand the Best Strategy for Paying Off Debt with SPENDiD