Snowball calculator

stellagypsy · 18 February 2005 at 9:27PM

Hi everyone

Been scouring the internet to find a debt snowball calculator (not too complicated - must be user friendly) for my newly divorced friend who has no idea how to tackle her half of the financial mess left at the end of her marriage.

Any one got a link to one I can use? I had one ages ago but I must have deleted it. I want one that shows her the cost of paying minimums only against the benefits of snowballing her debts. She needs convincing before she gets in a worse mess than she is in already.

TIA, Stella

Debt_Free_Chick · 19 February 2005 at 12:26AM

Any one got a link to one I can use?

Here's one!

http://www.geocities.com/schizeckinosy/Snowball.html

Or put "snowball calculator" without the quotation marks into Google and you get 27,000 hits!

stellagypsy · 19 February 2005 at 9:29AM

Thanks DFC, I had a look at that one but I can't get it to work (macros not enabled????) and my friend would die if I sent her the link for that!

I did a search and found this one ~

http://www.bankrate.com/brm/calc/MinPayment.asp

~ and can show her that unless she shapes up, it will take her 202 months to pay her CC's off is she does min payments only and she will be nearly 70 by then!!! Not a nice prospect, eh?

Stella

ms_london · 19 February 2005 at 4:59PM

Also try:

https://www.whatsthecost.com

I wish I'd had a friend like you when I was running up my debt :0)

Debt_Free_Chick · 19 February 2005 at 5:34PM

I wish I'd had a friend like you when I was running up my debt :0)

Ahhh... but would you have listened to her ;-)

allycat_3 · 20 February 2005 at 10:32AM

Hi
I went to this site, but its all in dollars!!
allycat xx

allycat_3 · 20 February 2005 at 10:42AM

Me again!
The other website - whatsthecost.com - is excellent. Very simple to use. It's great that you are able to help so many people at once! Thanks guys
allycat xx

stellagypsy · 20 February 2005 at 2:45PM

Hi

That "What's the cost" calculator is great, I've plugged all her figures in and done some print outs for her. Hope she can see what I can see.

Thanks.

Shawz · 20 February 2005 at 7:11PM

ms_london wrote:

Also try:

www.whatsthecost.com

I wish I'd had a friend like you when I was running up my debt :0)

Thanks for the link. Excellent site

nickiebabe · 21 February 2005 at 12:44AM

Same here...Thanks for the link to the site, Has really helped me!

Snowball calculator

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