Dave Ramsey advocates using a debt snowball to pay off debts. Some people refer to this as “snowflaking,” which refers to taking small amounts of money (snowflakes) and combining them into a larger amount (snowball). Those small amounts of money can add up quickly, and a snowball is much more effective than a small snowflake. Ramsey advocates taking every small amount you can save and applying it toward your debt – instead of spending it on frivolous items. This concept has really taken off in the personal finance blogosphere, and has even spawned a Snowflake Revolution website and a network where members share how they have applied the snowflaking principle to debt reduction, investing, or any other financial goal.