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Easy Budget Debt Snowball Calculator

$16.99

Perfect for use with Dave Ramsey ideology to pay off debt fast!

Debt Snowballs work by listing all your debts from smallest to largest, making minimum payments on all loans, and putting all your extra money toward your smallest loan first, then once that one is paid off, move on to the next smallest debt, and so on.

Can also be used to compare to Debt Avalanche method which is to pay the highest interest loans first, or a custom order.

 

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Description

This listing is for one AUTOMATIC/AUTOMATED Debt Snowball Calculator Spreadsheet. Perfect for use with Dave Ramsey ideology to pay off debt fast! Debt Snowballs work by listing all your debts from smallest to largest, making minimum payments on all loans, and putting all your extra money toward your smallest loan first, then once that one is paid off, move on to the next smallest debt, and so on. Can also be used to compare to Debt Avalanche method which is to pay the highest interest loans first, or a custom order.

DIGITAL DOWNLOAD

Listing Includes:

-Microsoft Excel Spreadsheet (for download)

-Google Sheets compatible

(Works on PC and Mac, on a Mac you will need to use Excel or Google Sheets, NOT Numbers. Not compatible with mobile phones)

FEATURES on this product:

• User friendly

• Fully automated (you fill in the white boxes, everything else will auto calculate!)

• Input your loans once and update with actual payments as they are made

• Space for up to 35 different loans

• Change and play around with several variables to see how it affects your payoff date

• Clearly displays your debt stats

• Clearly displays debt payoff month and year (will show all calculations on separate page)

• Easy switch to Debt Avalanche method (highest interest rate first) or custom order

• Input for one-time lump sum payments on debt (bonuses, tax refunds etc.)

• Input for expected increases in monthly debt payments (future raises, second job etc.)

• Perfect for irregular income

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