The other day I posted my monthly snowflake report, and a reader posted a comment asking what snowflaking is. So, here is the basic concept of snowflaking...
The concept and practice of snowflaking, or using small amounts of money from spending less or earning more to achieve your financial goals is a great debt reduction tool, but it isn’t limited to just debt reduction. Snowflaking is a universal money management concept that can be applied to whatever financial goals you are striving to achieve in life.
Friday, January 16, 2009
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1 comments:
Thanks for the explanation and link Beachgirl! I've thought about ways to shake loose some extra cash - even with the blog - but I hadn't considered that extra as "snowflakes" building up to a bigger snowball... I love it!
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