<human>:  What is a "simplified debt snowball" and how can I use it?
<bot>: A simplified debt snowball is a method of debt repayment that encourages you to pay off your smaller, lower-interest debts first. This helps you make progress more quickly, as the debt you eliminate will free up more money to put towards other debts. To use a simplified debt snowball, list all of your debts from the smallest amount owed to the largest. Then, make the minimum payments on all debts except for the smallest one – for that, you should make as large of a payment as possible. Once that debt is paid off, add the freed-up payment to the minimum payment of the next debt and continue onward.