Time To Budget » Free Budget Forms http://www.timetobudget.com Get Control And Change The Way You Handle Your Money Tue, 16 Aug 2011 19:48:09 +0000 http://wordpress.org/?v=2.8.4 en hourly 1 Free Debt Reduction Snowball Calculator for Excel http://www.timetobudget.com/2008/04/25/free-debt-reduction-snowball-calculator-for-excel/ http://www.timetobudget.com/2008/04/25/free-debt-reduction-snowball-calculator-for-excel/#comments Fri, 25 Apr 2008 23:59:21 +0000 Mona http://www.timetobudget.com/?p=373 I found this Debt Reduction Snowball Calculator while search for a work schedule form. This Excel template is completely free and worth downloading. Here is the description and a screenshot.

Use our free Debt Reduction Calculator to help you eliminate your credit card, auto, student loan, and other debts. Easily create a debt reduction schedule based on the popular debt snowball strategy using this free Excel spreadsheet.

The first worksheet is a simple calculator where you enter your information, choose your total monthly payment, and see a summary of the results based on the strategy you choose.

The second worksheet is a payment schedule designed for you to print so you can keep track of your progress. You can also see how the snowball increases as you pay off your debts.

A big thanks to Donald Wempe for the motivation to create this spreadsheet, and for his great ideas!

You can download this Debt Reduction Calculator by visiting Vertex42.com

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