Snowball Method
The snowball method is a debt payoff strategy where you pay off your smallest balance first while making minimum payments on the rest, then roll that payment into the next-smallest debt. It usually costs a bit more in interest than the avalanche method, but the quick wins keep many people motivated.
Example
With debts of $500, $2,000, and $8,000, you would eliminate the $500 debt first, then add its payment to the $2,000 debt.