What Is Snowflaking?
Many snowflakes can cover a mountain!
Snowflaking is a simple concept that involves keeping track of the small amounts of money you save by making different buying choices and putting these towards reducing your debt.
For example, if you decide to get a smaller coffee from the coffee shop in the morning, you might save $1 a day. Do that every day and you have snowflaked $5 over a working week.
On the face of it, that is not much of a change but over the year, that choice alone saves you $260 to go towards achieving your target of reducing debt.
Add the money you save by making different choices at the market or grocery store and you can see how all these small amounts add up.
That’s Snowflaking.
Cashflake helps you use the concept by giving you a simple interface to add, store and view the amounts you have saved for snowflaking so when you come to make your weekly or monthly payment, you know exactly how much you can add thanks to your wise choices.
