The stair-stepper strategy, integrated into the Google Sheets versions of the debt reduction calculator, was devised by Carlotta Thompson (carlottathompson.com). It is a clever compromise between the Lowest Balance First and Highest Interest First strategies. ...
let's say your second goal is to pay off a credit card. If you have been making monthly $30 payments on that card, after you have paid it off you can add the $30 to your snowball, speeding up the process of completing your next goal. ...