The main ideas and the most important results of the spherically symmetric self-consistent approach and a number of related theoretical algorithms are presented. These methods make it possible to study low-dimensional Heisenberg-type spin models, including frustrated ones, with careful consideration of the theoretic (Mermin—Wagner and Marshall) theorems, as well as the site spin constraint. Thus, the difficulties that may arise in the traditional analysis of low-dimensional magnetic systems are avoided. The approach can also be applied to the spin-pseudospin model, and is also embedded in more complex constructions when considering spin models with free carriers, such as the basic and three-band Hubbard models, t—J and s—d models, and the Kondo lattice.