Debt Snowball Google Sheet | Debt Tracker | Debt Payoff Tracker | Debt Payoff

Debt Snowball | Debt Tracker | Debt Payoff Tracker | Debt Payoff | Debt Spreadsheet | Debt Google Sheet | Debt Payment Tracker

✨ Debt Snowball Google Sheet ✨

This debt snowball Sheet objective is to help you understand how much debt you have, how long it will take to pay it off, and which debts to pay off first.

This debt snowball Sheet will track your debt & let you know how long it will take to become debt free, how much interest you will pay, and the projected payment for each loan.

✨FEATURES✨

⭐Note #1: Debt details to input - name of lender, name of whose debt is it (e.g., yours? your spouses?), type of debt (e.g., student, auto, credit card, mortgage, other), interest rate(s) (fixed rate vs. variable), and required minimum payment.

⭐⭐Note #2: You can enter up to 10 different debts and the debts can have fixed or variable rates. Fixed rate loans mean that interest rate does not change over the life of the loan.

⭐⭐⭐Note #3: Please note this item is a digital download that requires you to have Google Account. The Debt Snowball Google Sheet is a powerful financial tool designed to help users effectively manage and eliminate debt. Utilizing the debt snowball method, this spreadsheet enables users to input their various debts, including balances, interest rates, and minimum payments. Through a systematic approach, users can prioritize debts based on their size, focusing on paying off the smallest balances first while making minimum payments on other debts. As each debt is paid off, users can allocate the freed-up funds towards the next debt in line, creating a snowball effect that accelerates debt repayment. With customizable features and automated calculations, this Google Sheet empowers individuals to track their progress, stay motivated, and ultimately achieve financial freedom by becoming debt-free.

✨INSTRUCTIONAL ✨

Instructions Tab is added where a demo is given with examples and in details.