The wrong debt payoff strategy costs you thousands of dollars and years of your life. Most people either pay randomly, pay minimums only, or follow advice they read once without ever running their own numbers.
This tool runs both major strategies side by side — the Avalanche (highest interest rate first) and the Snowball (smallest balance first) — and tells you exactly which one saves you more and how much.
WHAT'S INCLUDED:
→ Debt Inventory Tab — Enter up to 7 debts with balances, interest rates, minimum payments, and categories. Total monthly budget field auto-calculates what's available. 7 common debts pre-loaded with realistic sample data
→ Avalanche Method Tab — Debts sorted by interest rate (highest to lowest). NPER-based payoff calculation for each debt. Total interest paid and months to payoff per debt
→ Snowball Method Tab — Same debts sorted by balance (smallest to largest). Same calculations. The psychological quick-win order
→ Comparison Tab — Side-by-side: total interest paid under each method, months to debt-free under each method, interest saved by choosing Avalanche
→ Payoff Dashboard Tab — All debts in one view with balance, rate, payment, % of total debt, and projected debt-free date
WHO THIS IS FOR:
Anyone carrying multiple debts who is ready to attack them seriously. People who want a plan, not just awareness. Anyone who has ever asked "where do I even start?"
FILE DETAILS:
Format: Microsoft Excel (.xlsx)
Sheets: Cover, Debt Inventory, Avalanche Method, Snowball Method, Comparison, Payoff Dashboard
Instant download. No subscription. Yours forever.
The wrong debt payoff strategy costs you thousands of dollars and years of your life. Most people either pay randomly, pay minimums only, or follow advice they read once without ever running their own numbers.
This tool runs both major strategies side by side — the Avalanche (highest interest rate first) and the Snowball (smallest balance first) — and tells you exactly which one saves you more and how much.
WHAT'S INCLUDED:
→ Debt Inventory Tab — Enter up to 7 debts with balances, interest rates, minimum payments, and categories. Total monthly budget field auto-calculates what's available. 7 common debts pre-loaded with realistic sample data
→ Avalanche Method Tab — Debts sorted by interest rate (highest to lowest). NPER-based payoff calculation for each debt. Total interest paid and months to payoff per debt
→ Snowball Method Tab — Same debts sorted by balance (smallest to largest). Same calculations. The psychological quick-win order
→ Comparison Tab — Side-by-side: total interest paid under each method, months to debt-free under each method, interest saved by choosing Avalanche
→ Payoff Dashboard Tab — All debts in one view with balance, rate, payment, % of total debt, and projected debt-free date
WHO THIS IS FOR:
Anyone carrying multiple debts who is ready to attack them seriously. People who want a plan, not just awareness. Anyone who has ever asked "where do I even start?"
FILE DETAILS:
Format: Microsoft Excel (.xlsx)
Sheets: Cover, Debt Inventory, Avalanche Method, Snowball Method, Comparison, Payoff Dashboard
Instant download. No subscription. Yours forever.
