Debt Repayment Calculator
Do you have a loan? Credit cards you need to payoff? Do you have a game plan to get ride of them? If you've heard a lot of people say: "Don't pay the minimum payments on your credit card", well it's because your debt ends up increasing much higher over time and it will take you a very long time to pay it off.
This spreadsheet will help you calculate exactly how much you should be paying monthly if you want to payoff your debt in x amount of time, and it also tells you how long it will take you to payoff your debt if you choose to pay x amount monthly. Its a great eye opener!
It also includes a dashboard page where you can visually see how you progress through beautiful graphs. Nothing will beat the feeling of satisfaction as you watch your debt go down over time! You've totally got this!
I've put together a video that explains exactly why making minimum payments should be avoided. I feel like there is no better way to understand things as visual representation. I hope you find this useful, if you have any questions do let me know. Checkout the video on my YouTube channel or follow this link: https://youtu.be/t4zfLIGkveI