Featured Debt Payoff Calculators 1 Debt Reduction Calculator ▶ How fast can I get out of debt using the snowball technique? This is possibly themost valuablespreadsheet on this entire website! 2 Credit Repair Spreadsheet ▶ Pay down your debt to improve your FICO® credit score. This is...
Debt Payoff Tracker (5-in-1) for Excel and Editable PDF Download ⤓ Excel (.xlsx) For: Excel 2010 or later ⤓ Editable PDF License: Personal Use (not for distribution or resale) Description Track multiple debts with a single worksheet. Edit the labels for each column and then ...
1. CreditorsThe 'Creditors' worksheet records the details of the individual creditors like Credit Account Name, Balance, Current Interest Rate, Minimum Payment and Custom Priority. The Custom Priority is set to provide a clear picture as to which creditor's payments are to be made first. ...
Here's a look at the printable RAPID PAYOFF SCHEDULE worksheet, which shows your plan broken down by each month's payment: Print that out and tape it to your refrigerator ... your desk ... your dresser mirror ... whatever! Whenever you make a payment, cross it off the schedule. Watch...
The advanced sorting is helpful if you're using a particular debt-payoff plan, such as the debt snowball. The DebtTracker includes seven worksheets, including a Paydown worksheet with a graph for tracking the results of paying off a debt over time. ...
Which Debt Payoff Method Should You Use? Now comes the time when you need to decide which debt payoff method you should use. Unfortunately, there isn’t just one clear cut winner. It all depends on you and your motivations. Some may argue that the debt avalanche method is the only way ...
If you want to learn how to become debt free, I recommend downloading thisfree debt payoff plan worksheet. While some of the debt payoff strategies may seem crazy or impossible to you, remember that everyone has to start somewhere. Even if you can only pay off a fraction of what the peop...
5. Set a Debt Payoff Goal Next, you’ll want to set a goal for when you want to pay off your debt. This is a critical step, saysmoney expert Clark Howard, because without a goal there’s no accountability. “It’s like when someone says, ‘You know, I really should be saving mo...
If you're savvy with spreadsheet software such as Microsoft Excel or Google Sheets, you can use it to organize your debt accounts and create custom calculations to better understand your debt picture. Note We’ve created a Google Sheets spreadsheet (The Balance’s Credit Card Debt Worksheet) ...
Get myFREE printable expense worksheet This is super important to do because this is how you know the amount to set aside each month or each paycheck for all of the different categories of your budget. ||STEP TWO|| Create A Budget